Rogers urged minister to not turn off its customers' access to 5G network on TTC
BNN Bloomberg
Before Industry Minister François-Philippe Champagne ruled Rogers Communications Inc. must grant its rivals access to its cellular network on Toronto's subway, the company had urged Ottawa not to force it to turn off access for its own customers, newly released documents reveal.
Before Industry Minister François-Philippe Champagne ruled Rogers Communications Inc. must grant its rivals access to its cellular network on Toronto's subway, the company had urged Ottawa not to force it to turn off access for its own customers, newly released documents reveal.
In an Aug. 28 filing to Innovation, Science and Economic Development (ISED) Canada, the Toronto-based telecommunications company said "taking service away from any customer is clearly not in the public interest, nor is constraining the public safety benefits for all wireless consumers and transit riders."
Cisco Systems agreed to buy cybersecurity company Splunk in a deal valued at about US$28 billion, creating one of the world's largest software companies.
Here are five things you need to know this morning.
Oil fell after the Federal Reserve signaled that at least one more interest-rate hike is possible this year in its fight to subdue stubborn inflation, overshadowing signs of a tighter physical crude market.
Royal Bank of Canada pushed ahead with a round of job cuts in its capital markets operations, part of broader reductions announced in August that may climb above 1,000 positions and are aimed at helping the bank deal with a challenging economic environment.
The Bank of Canada’s release of its deliberations concerning its latest interest rate decision shows how complex these considerations can be, according to an economist.
As interest rates climb, variable-rate mortgage holders are paying thousands of dollars in added interest compared to people with fixed rates.
The Bank of Canada was watching its words at its last interest rate announcement, in fear of spurring speculation that rate cuts are coming any time soon.
Housing prices across Canada rose in August, marking their sixth consecutive monthly rise, according to new data from the Teranet-National Bank House Price Index.
A new RBC survey suggests financial uncertainty has become the new normal for many Canadians as inflation eats into their savings and hampers their future financial security.
The U.S. Federal Reserve is set to leave its key interest rate unchanged Wednesday as it seeks to guide the U.S. economy toward a “soft landing" of cooling inflation without triggering a deep recession.
Oil fell as the market's breakneck rally that pushed prices to US$95 a barrel on Tuesday took a breather.