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Entries by Daniel Tencer

Sliding Oil Prices Will Cost Feds Billions, ‘Re-Order' Canadian Economy: BMO

(0) Comments | Posted October 20, 2014 | 12:45 PM

The steep drop in oil prices in recent months will cost Canada’s federal government as much as $3 billion in lost revenue, according to an analysis from BMO.

Economists Douglas Porter and Robert Kavcic forecast a “a re-ordering of the regional growth ladder” in Canada if oil prices...

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HBO And CBS Just Killed Cable TV

(18) Comments | Posted October 16, 2014 | 4:47 PM

This is starting to look like the week the chisel came out to carve cable TV's tombstone.

HBO on Wednesday announced it's launching a standalone streaming service; you won't need a cable TV subscription anymore to get "Game of Thrones" or "Boardwalk Empire." No pricing yet but it's...

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Amazon Canada Has 35 Times The Online Market Share Of Chapters Indigo: BMO

(6) Comments | Posted October 15, 2014 | 2:55 PM

Bookselling giant Amazon has 35 times as much online market share as Canadian competitor Chapters Indigo, according to estimates from BMO Nesbitt Burns.

Amazon controls about seven per cent of the Canadian online retail market, mainly due to its core line of book products, BMO said in an analysis this...

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Canada's Great East-West Migration, In One Chart

(94) Comments | Posted October 15, 2014 | 12:33 PM

The oilsands boom is reshaping Canada in many ways, and nowhere is this more obvious than where people are moving.

We've known for a long time that Canadians are flocking to Alberta for jobs, but a new chart from BMO shows just extreme the trend has become.

Atlantic Canada’s population...

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Oil Prices Are Diving. Is That Good Or Bad For Canada?

(49) Comments | Posted October 10, 2014 | 3:40 PM

Oil prices are coming down fast, and analysts say that’s bad news for Canada’s oil-producing provinces. But what’s bad news for the drillers is good news for Canadian consumers, who can expect to see lower gas prices this weekend and beyond.

Brent crude prices fell below $90 U.S. per barrel...

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Toronto Condo Boom 'Looks Like' It's Over: BMO

(28) Comments | Posted October 9, 2014 | 8:50 AM

“It certainly looks” like Toronto’s impressive condo boom has run its course, the Bank of Montreal says in a client note.

Housing starts in Toronto dropped to their lowest point in four-and-a-half years in September, according to new numbers from the Canada Mortgage and Housing Corp. (CMHC).

Slower...

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U.S. Broadcasters May Leave Canadian Airwaves, And Some Say That's Fine

(34) Comments | Posted October 8, 2014 | 2:17 PM

U.S. broadcasters are so concerned by the possibility Canada will switch to a pick-and-pay system for cable TV channels that several of them have threatened to pull themselves off Canadian airwaves altogether.

But some new-media experts say that’s not necessarily a bad thing.

Allowing consumers to purchase individual TV channels...

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Fracking Moratorium Backed By 70% Of Canadians: Poll

(40) Comments | Posted October 8, 2014 | 11:56 AM

A large majority of Canadians would support a moratorium on fracking until there is conclusive evidence that it’s safe, according to a new poll.

Seventy per cent of respondents said they would back “a national moratorium on fracking until it is scientifically proven to be safe,” according to...

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This Is Why People Are Getting Frustrated With Real Estate Agents

(75) Comments | Posted October 4, 2014 | 9:04 AM

When it comes to cutting land transfer taxes that tack on thousands to the cost of a home, Canada’s realtors are happy to talk.

But when it comes to realtors’ fees, which have been soaring in recent years in tandem with house prices, the realtor lobby will accept no questions....

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Risk Of New Financial Crisis Growing, And Canada Is In Crosshairs

(28) Comments | Posted October 2, 2014 | 1:25 PM

The world is facing a “poisonous combination” of low economic growth and low inflation that could cause another financial crisis, according to the latest Geneva Report on the World Economy.

And the nature of this crisis, should it materialize, would likely give Canada front row seats to the...

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Bill C-13 Moves Ahead, Despite Claims Supreme Court Already Killed It

(97) Comments | Posted October 1, 2014 | 12:03 PM

The Harper government is set to push through a bill that critics say the Supreme Court has already in effect struck down.

Bill C-13, the Protecting Canadians From Online Crime Act, comes up before the House of Commons on Wednesday.

Often referred to as the “anti-cyberbullying bill,” C-13 was the...

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Expanding Police Powers Online Not Popular Among Canadians: Poll

(3) Comments | Posted September 30, 2014 | 1:17 PM

Fewer than one in four Canadians support expanding the ability of law enforcement to access information about individuals’ internet usage, according to a new poll from Ipsos Reid.

The poll, carried out for the Canadian Internet Registration Authority (CIRA), found that individual rights outweigh the needs of law...

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Labatt Accused Of Planning 'Misleading Campaign' For Shock Top Beer

(7) Comments | Posted September 23, 2014 | 8:57 AM

A Toronto beer blogger says Labatt is planning to pass off a multinational beer brand as a micro-brew, accusing the brewing company of preparing an “intentionally misleading” advertising campaign.

But Labatt says its future plans to market Shock Top beer haven’t been finalized.

Blogger Ben T. Johnson obtained...

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Julian Assange: Canada Supreme Court, ISPs Doing The Right Thing On Privacy

(32) Comments | Posted September 22, 2014 | 9:13 AM

WikiLeaks founder Julian Assange has praised the Supreme Court of Canada and Canadian Internet providers for pushing back against warrantless searches of telecom subscriber data.

In an interview with the Toronto Star, Assange said moves by Rogers and Telus to release their first-ever transparency reports this...

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Economy Shifting Gears To Service The Rich: CIBC

(60) Comments | Posted September 21, 2014 | 10:29 AM

The world’s businesses are shifting gears to take advantage of the growing gap between rich and poor, and that means more services and products for the biggest earners, CIBC said Friday in a client note.

CIBC chief economist Avery Shenfeld summarized the lessons learned at a recent CIBC investors’ conference...

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Temporary Foreign Workers Subject To ‘Quasi-Indentured Status,' Jason Kenney Says

(50) Comments | Posted September 20, 2014 | 11:08 AM

The Harper government has always had an ambivalent relationship with the Temporary Foreign Worker program, on one hand defending the businesses that say they have a legitimate need for the program, on the other working to rein in its abuses.

But recent comments from Employment Minister Jason Kenney would suggest...

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7 Things Harper Doesn't Want You To Know About The China Trade Treaty (And A Few He Does)

(84) Comments | Posted September 17, 2014 | 12:27 PM

I’m going to go out on a limb and say the Harper government doesn’t want attention drawn to the deal it just signed with China.

Why? Because after two years of delays, the official announcement of an investor-protection treaty with the world’s second-largest economy came in the form of a...

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Disney At CRTC Hearings: We Don't Want To Leave Canada, But...

(14) Comments | Posted September 16, 2014 | 12:02 PM

The Walt Disney Co. says Canada is a “valuable” market and it doesn’t want to pull out — but it’s paying close attention to the CRTC’s hearings on reforming TV regulations.

Disney’s VP for government relations, Susan Fox, told the CRTC Monday that it opposes the idea to unbundle channels...

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EI Premium Cut 'A Job Killer,' Critics Say

(55) Comments | Posted September 12, 2014 | 11:46 AM

It took very little time for the Small Business Job Credit, announced by the Conservative government on Thursday, to start attracting negative attention.

Many economists say the move will do little to spur hiring — and may in fact prevent it.

The tax credit reduces the Employment...

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Canada's Wealth Gap Is Growing As Poor Get More In Debt: Report

(51) Comments | Posted September 11, 2014 | 2:17 PM

Those rosy reports about Canadians’ net worth growing and the country's middle class being among the richest in the world are masking growing inequality in the country, according to a new report.

The left-leaning Broadbent Institute says Canada’s poorest 10 per cent of the...

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