Are Canadian wireless prices still high or have fallen as the government claims?

a man wearing a red hat© Provided by thecanadianpress.com

The federal government was chided Wednesday for taking a positive “spin” on Canadian wireless service prices when it released an annual comparison with other countries this week.

Popular Searches

ATRS


PH01


DENN


MCD

Under a headline that said “Cellphone plan prices drop for millions of Canadians,” a press release issued by the Department of Innovation, Science and Economic Development said the government recognized many Canadians think wireless prices are too high but also highlighted “positive trends” that are emerging.

It said some low-use mobile plans — which had voice service but no data included — were cheaper in Canada than in the United States for the first time since 2013.

However, it didn’t mention that Nordicity Group Ltd., which was commissioned to do the annual comparison, also found Canadian wireless telephone prices were the world’s highest in half of the six service levels measured — and second- or third-highest in the other three.

“I found the government’s spin on the results unfortunate,” said Michael Geist, a University of Ottawa law professor and frequent commentator whose research focuses on the telecommunications industry.

“Canadians are well aware of the high cost of wireless and internet services and there is no reason to avoid the issue by trying to put the issue in a positive light,” Geist wrote in an email

Article source: http://www.msn.com/en-ca/money/topstories/canadian-wireless-prices-still-high-but/ar-BBGHTtr?srcref=rss

Toronto area housing prices expected to remain flat in 2018: Report

Buyers and sellers are going to be spooked by his company’s forecast of a flat 2018 housing market in the Toronto area, says Cam Forbes, general manager and broker with Re/Max Realtron Realty.

Re/Max is predicting a 0 per cent price increase next year over 2017, and a 17.5 per cent year-over-year average price decline in the first four months of 2018.© Andrew Francis Wallace
Re/Max is predicting a 0 per cent price increase next year over 2017, and a 17.5 per cent year-over-year average price decline in the first four months of 2018.

Re/Max is predicting a 0 per cent price increase next year over 2017, and a 17.5 per cent year-over-year average price decline in the first four months of 2018.

Popular Searches

ATRS


PH01


DENN


MCD

“January and February are traditionally slow, but I see it slower than normal. Then I see the market really reassessing and coming back to life strongly in May. I see a late spring market and very cautious buyers in the first four months,” he said.

The Re/Max Housing Market Outlook, published Thursday, is more conservative than its competitor Royal LePage, which on Wednesday predicted a 6.8 per cent rise in Toronto area home prices next year.

The difference comes down to math. To recover from a predicted 17.5 per cent drop in the first four months

Article source: http://www.msn.com/en-ca/money/topstories/toronto-area-housing-prices-expected-to-remain-flat-in-2018-report/ar-BBGJboV?srcref=rss

Disney buying large part of 21st Century Fox in $52.4B deal

NEW YORK – Disney is buying a large part of the Murdoch family’s 21st Century Fox for about $52.4 billion in stock, including film and television studios and cable and international TV businesses, as it tries to meet competition from technology companies in the entertainment business.

Popular Searches

ATRS


PH01


DENN


MCD

The deal gives Disney film businesses including Twentieth Century Fox, Fox Searchlight Pictures and Fox 2000, which together are the homes of Avatar, X-Men, Fantastic Four and Deadpool. On the television side, Disney will get Twentieth Century Fox Television, FX Productions and Fox21, with shows including “The Simpsons” and “Modern Family.”

21st Century Fox shareholders will receive 0.2745 Disney shares for each share they own. The transaction also includes approximately $13.7 billion in debt.

Robert Iger will continue as chairman and CEO of The Walt Disney Co. through the end of 2021.

Before the buyout, 21st Century Fox will separate the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network into a newly listed company that will be spun off to its shareholders. That Rupert Murdoch and his sons were willing to sell off much of the business that has been built up over decades came as a shock to the entertainment industry.

The entertainment business is going through big changes. TV doesn’t have a monopoly on home entertainment anymore. There’s Netflix, which is spending up to $8 billion

Article source: http://www.msn.com/en-ca/money/topstories/disney-buying-large-part-of-21st-century-fox-in-dollar524b-deal/ar-BBGJkN1?srcref=rss