Jun 13 2019 — David Paddon — TORONTO — Bell has responded to a new Rogers wireless data pricing strategy by offering limited-time promotions that also don't charge overage fees once the cap has been exceeded — a new approach for Canada's national wireless carriers. Like its rival, Bell is offering a $75 per month plan with up to 10 gigabytes of full-speed […]
Jun 13 2019 — David Paddon — TORONTO — Shoppers at Hudson's Bay stores may see more personnel on the floors at the busier locations later this year, and more upscale merchandise than last year, as the retailer's management team works to revive the chain's sales growth. Hudson’s Bay Co. chief executive Helena Foulkes told analysts Thursday that the Toronto-based company's main Canadian banner recognizes that it put too much emphasis […]
Jun 10 2019 — David Paddon — The Canadian Press — TORONTO — Hudson's Bay Co. shares rose 42 per cent Monday after a group of shareholders, including executive chairman Richard Baker, proposed taking the retailer private once it completes the sale of its remaining German holdings for $1.5 billion. The group, which holds a 57 per cent stake in HBC, is offering $9.45 per share in cash to other investors […]
Jun 10 2019 — David Paddon — The Canadian Press — TORONTO — Hudson's Bay Co. shares rose 42 per cent Monday after a group of shareholders, including executive chairman Richard Baker, proposed taking the retailer private once it completes the sale of its remaining German holdings for $1.5 billion. The group, which holds a 57 per cent stake in HBC, is offering $9.45 per share in cash to other investors […]
Jun 10 2019 — David Paddon — The Canadian Press — TORONTO — Hudson's Bay Co. shares rose 42 per cent Monday after a group of shareholders, including executive chairman Richard Baker, proposed taking the retailer private once it completes the sale of its remaining German holdings for $1.5 billion. The group, which holds a 57 per cent stake in HBC, is offering $9.45 per share in cash to other investors […]
Jun 5 2019 — David Paddon — MISSISSAUGA, Ont. — The federal minister responsible for telecommunications said Wednesday that the Liberal government is very aware that there's a tension between the needs of consumers and Canadian wireless carriers. Innovation Minister Navdeep Bains told an industry conference that he's heard their warnings that future investments in communications networks could be threatened by policy […]
Jun 3 2019 — David Paddon — MISSISSAUGA, Ont. — One of Canada's leading privacy experts said Monday she's in favour of the federal government's recently announced "digital charter" but thinks it should have been brought out long ago. If the government was serious about protecting Canadian privacy and digital rights, it would have acted last year or the year before, former Ontario […]
May 28 2019 — David Paddon — TORONTO — An Ontario judge has cleared the way for a class action on behalf of about 300 former employees of BlackBerry Ltd. who are seeking severance or termination pay from the technology company. The suit alleges, among other things, that BlackBerry had attempted to avoid paying the employees what they were owed by arranging to transfer the […]
May 28 2019 — David Paddon — TORONTO — Fraudsters have become creative in disguising email that contains dangerous links and attachments and Canadian firms may be falling for the scams more often than those in other countries. "We've seen everything from fake divorce papers to fake medical diagnoses, sometimes not even for the recipient of the email," Proofpoint senior vice-president Ryan Kalember […]
May 22 2019 — David Paddon — TORONTO — Postmedia Network Inc. plans to buy a minority stake in The Logic Inc. — a digital-only Canadian media outlet with a mandate to break tech-focused news through investigative journalism, the two companies announced Wednesday. Andrew MacLeod, chief executive of Postmedia — owner the National Post and other publications — said that discussions began after he […]
May 21 2019 — David Paddon — TORONTO — The mayor of Markham is using a major technology conference to tell startup enterprises that his city north of Toronto is preparing a large parcel of land to be the home of a new innovation hub. Mayor Frank Scarpitti says Markham has designated about 770 hectares (1,900 acres) of private and city-owned lands that will be developed as […]
May 21 2019 — David Paddon — TORONTO — General Motors will continue to operate its Maven car-sharing service in Toronto despite plans to pull out of eight North American markets, including New York City and Chicago. GM Canada spokeswoman Jennifer Wright says the company continues to look for opportunities to improve and expand its Maven car-sharing operations in Canada. Maven's Toronto fleet started in February […]
May 15 2019 — David Paddon — TORONTO — Canada Pension Plan Investment Board recovered from a weak quarter in late 2018 to produce a solid 8.9 per cent net return for its most recent financial year. The Toronto-based investment manager for the Canada Pension Plan announced Wednesday that its CPP Fund had $392.0 billion of net assets as of March 31, up $35.9 […]
May 14 2019 — David Paddon — TORONTO — DHX Media Ltd. is expanding its presence in the United States through new partnerships with Apple Inc. and Comcast, DHX executives said Tuesday while discussing the company's third-quarter financial results The Canadian producer and distributor of child and youth-oriented programming, such as Peanuts and other animation and the Degrassi live-action franchise, posted a bigger loss ($18.4 […]
May 13 2019 — David Paddon — Dawne Robinson and about 10 other searchers spent Mother's Day searching a hot, dry, boulder-strewn hiking trail for clues of what happened to her younger brother, who vanished last July at Joshua Tree National Park in California. Paul Miller of Guelph, Ont., 51 at the time, was near the end of a hiking vacation with his wife Stephanie when he […]