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Control Your Stock with Drive in Pallet Racking Sep 25th
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Live updates: Election results and balance of power in Congress - CNN + MORE Nov 9th
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Future of broadband investment up in the air after CRTC rate decision
– canadianbusiness.com
TORONTO – Experts are casting doubt that some major Canadian firms will follow through on threats to stop expanding their broadband networks after the CRTC lowered proposed rates to be charged to smaller rivals accessing their services.
The broadcast regulator’s decision isn’t significant enough to lower the profitability of big telecommunication companies to a point where they change how they spend on network infrastructure building, said Maher Yaghi, an analyst at Desjardins Securities.
“We have not seen, in Canada, telcos retract from making major investments based on CRTC decisions,” he noted.
In early October, the Canadian Radio-television and Telecommunications Commission announced interim rates that Bell, Rogers, Telus, SaskTel, Shaw, Cogeco, MTS and Videotron must charge independent service providers (ISPs) to gain access to their faster networks.
For the most part, these rates were lower than those the companies proposed, and in some cases, by up to 89 per cent, the CRTC said…
The broadcast regulator’s decision isn’t significant enough to lower the profitability of big telecommunication companies to a point where they change how they spend on network infrastructure building, said Maher Yaghi, an analyst at Desjardins Securities.
“We have not seen, in Canada, telcos retract from making major investments based on CRTC decisions,” he noted.
In early October, the Canadian Radio-television and Telecommunications Commission announced interim rates that Bell, Rogers, Telus, SaskTel, Shaw, Cogeco, MTS and Videotron must charge independent service providers (ISPs) to gain access to their faster networks.
For the most part, these rates were lower than those the companies proposed, and in some cases, by up to 89 per cent, the CRTC said…
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch this week in Canadian business:
Economy: Statistics Canada releases the wholesale trade figures for September on Monday followed by retail sales figures for September on Tuesday. The data will help fill out the picture about how the economy fared in the third quarter.
Earnings: The earnings season frenzy has settled down — but that doesn’t mean there aren’t big-name companies to look out for. Convenience store operator Alimentation Couche-Tard and bakery goods and grocery giant George Weston both release their latest quarterly results Tuesday.
Amaya: A securities tribunal in Quebec will resume hearings Wednesday into allegations that David Baazov, the former CEO of Montreal-based gaming company Amaya, was involved in insider trading. Baazov has maintained his innocence.
Ontario Cap and Trade: The fiscal impact of Ontario’s cap and trade program will be the focus of a report to be released Wednesday by the province’s temporary financial accountability officer…
Economy: Statistics Canada releases the wholesale trade figures for September on Monday followed by retail sales figures for September on Tuesday. The data will help fill out the picture about how the economy fared in the third quarter.
Earnings: The earnings season frenzy has settled down — but that doesn’t mean there aren’t big-name companies to look out for. Convenience store operator Alimentation Couche-Tard and bakery goods and grocery giant George Weston both release their latest quarterly results Tuesday.
Amaya: A securities tribunal in Quebec will resume hearings Wednesday into allegations that David Baazov, the former CEO of Montreal-based gaming company Amaya, was involved in insider trading. Baazov has maintained his innocence.
Ontario Cap and Trade: The fiscal impact of Ontario’s cap and trade program will be the focus of a report to be released Wednesday by the province’s temporary financial accountability officer…
Ivanhoe Cambridge says co-working can help communities facing economic struggles
– canadianbusiness.com
MONTREAL – One of North America’s largest property owners says the growing popularity of shared office spaces can inject youthful energy into traditional office towers and give hope to struggling communities.
“It kind of moves you away from your father’s office building and brings a younger and more millennial-focused workforce into a complex,” says Jonathan Pearce, senior vice-president of office leasing for Ivanhoe Cambridge, the real estate subsidiary of Quebec’s pension fund manager.
He believes the spaces could also help to alleviate the high vacancy rate in Calgary’s real estate market by giving a low-cost option to new entrepreneurs who are seeking a fresh start after losing their jobs.
Ivanhoe Cambridge has rented space in its Place Ville Marie complex in Montreal’s downtown core to WeWork, one of the world’s largest co-working providers. Pearce says the service has been a draw for potential tenants and not a threat to its main long-term customers…
“It kind of moves you away from your father’s office building and brings a younger and more millennial-focused workforce into a complex,” says Jonathan Pearce, senior vice-president of office leasing for Ivanhoe Cambridge, the real estate subsidiary of Quebec’s pension fund manager.
He believes the spaces could also help to alleviate the high vacancy rate in Calgary’s real estate market by giving a low-cost option to new entrepreneurs who are seeking a fresh start after losing their jobs.
Ivanhoe Cambridge has rented space in its Place Ville Marie complex in Montreal’s downtown core to WeWork, one of the world’s largest co-working providers. Pearce says the service has been a draw for potential tenants and not a threat to its main long-term customers…
