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Found 10 results

  1. http://www.montrealgazette.com/business/Deal+would+bring+Citytv+Montreal/6560252/story.html Rogers Media buys Montreal TV station Metro 14 By Steve Faguy, The Gazette May 4, 2012 9:36 AM MONTREAL - Citytv could be coming to Montreal soon. Rogers Media announced on Thursday that it had reached a deal to purchase Montreal multicultural television station Metro 14 (CJNT) from Toronto-based Channel Zero Inc. Rogers plans to turn CJNT into a Citytv station, expanding the national network’s presence. Citytv has stations in Toronto, Winnipeg, Calgary, Edmonton and Vancouver. The company also announced that it will sign long-term affiliation deals with three stations owned by the Jim Pattison Group: CHAT-TV in Medicine Hat, Alta., CJFC-TV in Kamloops, B.C., and CKPG-TV in Prince George, B.C. All three have been Citytv affiliates since 2009, and are, like CJNT, former members of the Canwest CH/E! network. Rogers also announced in January it would purchase educational regional cable channel Saskatchewan Communications Network from Bluepoint Investment Corp. and rebrand it as Citytv Saskatchewan. “Citytv, up until recently, has only been available in 7.2 million homes, and when we buy and produce programming, the cost of that is similar to what other networks pay when they buy national footprint rights,” Rogers Media president of Broadcast Scott Moore told The Gazette. “It’s essential for us to expand our footprint.” Though the new deals give Citytv good coverage west of Montreal, there are no stations east of the city. Moore said there are no specific plans for expansion into Atlantic Canada, but said it represented a gap in the network and “we’ll continue to work on that in the next six to 12 months.” The deal must be approved by the Canadian Radio-television and Telecommunications Commission before Rogers Media can take over. In the meantime, Rogers and Channel Zero have signed an affiliation agreement that will see Citytv programming on CJNT as of June 4. Citytv programs include American shows like New Girl, Modern Family and How I Met Your Mother, as well as original productions like Canada’s Got Talent and the upcoming The Bachelor Canada. Channel Zero president Cal Millar told The Gazette the station also will air some programming from Rogers’s OMNI network of ethnic stations. Channel Zero also owns CHCH television in Hamilton, Ont. It purchased CHCH and CJNT from Canwest for $12 in 2009 after the struggling company (which also owned The Gazette) decided to shut down its secondary network of conventional television stations. Moore said he would not comment about the purchase price, but joked that it was “more than double” the $12 Channel Zero paid for it. CJNT’s licence requires it to broadcast 14 hours of local ethnic programming each week and at least 75 per cent ethnic programming from 8 to 10 p.m. But after the sale from Canwest to Channel Zero, the station stopped producing its ethnic programming. It has since been airing reruns – some of them three years old – of its local ethnic shows. The rest of its schedule is made up of music videos, foreign films and some low-rated U.S. programming whose Canadian rights haven’t been scooped up by CTV, Global or Citytv. Moore did not comment on any changes Rogers might propose for CJNT’s licence, or whether it would even continue to be a multi-ethnic station. “We’ll be spending the next couple of months in Montreal, speaking with stakeholders in the community,” he said. As far as local programming, Moore said it was still too early to tell, but it was unlikely the station would produce a daily newscast. “I don’t know that Montreal needs another English-language supper-hour newscast,” he said. Citytv stations outside of Toronto meet local programming requirements with morning shows. Moore said it was “a good bet” that a similar strategy would be used in Montreal. Millar said the sale was bittersweet for Channel Zero, which he said had been making progress building its audience with a new morning show that’s heavy on music videos. He said Rogers has been trying to buy the station since “shortly after we acquired it” and made multiple offers. But this time, “Rogers was more determined than ever to expand their national reach,” Millar said. “It was far more valuable to them at that point than to us.” Channel Zero had been in talks with a local producer to bring back some local ethnic programming this fall. Millar said he doesn’t know if those plans will continue as the company waits for a decision on the acquisition. Rogers said it would expect a decision by the CRTC in the fall. [email protected] Read more: http://www.montrealgazette.com/Rogers+Media+buys+Montreal+station+Metro/6560252/story.html#ixzz1tuid8rb0
  2. http://www.cbc.ca/m/news/canada/montreal/toys-r-us-in-quebec-refuses-to-sell-english-only-daniel-tiger-doll-1.3031253 Toys "R" Us in Quebec refuses to sell English-only Daniel Tiger doll Montreal father says it should be up to parents, not province to determine what toys kids play with Apr 13, 2015 8:13 PM ET Kate McKenna, CBC News A Montreal man is criticizing Quebec language laws after trying to buy a toy from a local Toys "R" Us — and being told by a clerk he wasn't allowed to purchase it. Chez Geeks board-game store gets OQLF complaint Quebec government stance dismays francophone school supporters Looking back at 40 years of French as Quebec's official language Blue Dog Motel bar no longer in hot water with OQLF Nick Messina tried to purchase a "Daniel Tiger" plush toy for his infant daughter Carina after noticing her eyes "lit up" while watching the popular children's TV show Daniel Tiger's Neighbourhood. Hoping to buy it as an Easter gift, he drove to his nearest Toys "R" Us, which didn't have the toy in stock. Then he called another Toys "R" Us in Montreal where clerk informed Messina there were two of the toys in stock. However, the clerk told Messina that he couldn't buy a Daniel Tiger because the toy is unilingual. "It's kind of saddening."- Nick Messina, father Daniel Tiger talks and sings 14 different phrases — but they're all in English. Messina said the clerk thanked him for letting them know the toy only spoke English, and said it would be shipped back to Ontario. "I kind of felt a little bit turned off. I felt it was discriminatory against the English-speaking community in Montreal. After all, Montreal is multi-ethnic, multi-cultural," he said. Not giving up, the father tried to purchase the doll online — only to discover the Toys "R" Us website wouldn't ship the product to Quebec. English-speaking toys illegal Messina didn't know until a few weeks ago, but because of Quebec's language laws, it's illegal to sell a unilingual toy unless the toy has a French-speaking counterpart. He says it should be up to parents to decide what toys they can buy for their kids, not the province. "I don't understand why, when it comes to the choice of purchasing a toy for our children, that we have to be subjected to these kinds of rules and regulations," he said. "It's kind of saddening." Toys "R" Us admits mistake In a statement to CBC News, a spokeswoman from Toys "R" Us apologized for the inconvenience, but said the toy shouldn't have been on the shelves. "Toys 'R' Us shipped in error the English-speaking product to one of our Quebec stores and a customer tried to purchase it. Our store did not sell the product to the customer and we apologized for the inconvenience that this caused our customer. We immediately communicated to our store that this product cannot be sold," said the statement. Happy ending for family Messina's perseverance paid off. He did manage to buy the doll eventually; he bought it on Amazon for about $50 more than what Toys "R" Us was asking. Though it was more than he planned to pay for the doll, Carina adores her new toy. For Carina Messina, it was love at first sight for this Daniel Tiger doll. (CBC) sent via Tapatalk
  3. Read more: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/iamgold-to-sell-niobec-mine-in-quebec-for-500-million/article20906794/
  4. Courtesy of Advisors.ca http://www.advisor.ca/news/industry-news/bmo-makes-buying-gold-simple-59141 Seems like BMO is following Scotia bank.
  5. Does anyone know if there is any way an individual with enough money could purchase one of the old Metro wagons after they are replaced by the new trains?
  6. Top 100 of 2010 1. Thompson family -- $23.36 billion 2. Galen Weston -- $8.5 billion 3. Irving family -- $ 7.46 billion 4. Rogers family -- $6.02 billion 5. James Pattison -- $5.53 billion 6. Paul Desmarais Sr -- $4.28 billion ... 100. Andre Chagnon -- $540 million Top 100 (2010) Its quite amazing how the Thompson family dwarfs the other billionaires. Just combining #2, #3 and #4 together, they are still a few billions shy of the wealth of the Thompson family. The largest growth since 2009, was Chip Wilson with a 66.7% increase. Canada's wealthiest neighbourhoods (Courtesy of Canadian Business)
  7. Read more: http://www.nationalpost.com/sports/story.html?id=3015281#ixzz0ngTRvIDJ
  8. McGill Residences expands with the purchase of third hotel Set to open fall 2011, Courtyard Marriott will be converted to student housing By Emilio Comay del Junco and Stephen Davis Published: Apr 28 McGill has bought the Courtyard Marriott at 410 Sherbrooke O. to convert into student housing for fall 2011. A member of the Board of Governors – the University’s highest governing body – as well as Doug Sweet, director of McGill’s Media Relations Office, confirmed the purchase. The Marriott will join converted hotels New Residence Hall and Carrefour Sherbrooke, opened fall 2009. The financial details of the transaction are currently unavailable. An official announcement from the University is rumored to be scheduled for tomorrow, when the hotel is also set to stop its current operations. http://mcgilldaily.com/articles/30548
  9. The owner of Yogen Fruz, Cultures and several other food court stalwarts is adding stand-alone coffee and doughnut shops to its suite of brands. MTY Food Group Inc. said it has entered into a binding agreement to purchase all of privately held Country Style Food Services Holdings Inc. for an undisclosed price. The buy allows MTY to seize "the opportunity to strengthen its position and foothold in the Ontario quick service franchise industry and launches itself as a major player in the coffee and sandwich segment" the company said in a statement. Montreal-based MTY was already on the acquisition trail before it announced the Country Style purchase, but this latest acquisition takes it into new territory. Country Style is one of the biggest coffee and doughnut retailers in Ontario and is a household name in that province, but lags behind market leader Tim Hortons Inc. in number of stores and perceived quality among consumers. It does have significant reach however with 488 outlets, and is just the latest expansion for MTY. MTY acquired Taco Time Canada Inc. from its U.S.-based parent last November for $7.85-million. The deal gave it 117 of the quick service Mexican food restaurants, mostly in Western Canada. A couple months earlier it added 27 Tutti Frutti restaurants, solidifying its base in Quebec. Earlier this year MTY reported a 16% increase in fourth quarter net income to $2.84-million. For its fiscal year ending Nov. 30 of last year, the company earned $9.91-million, an 8% increase over a year earlier. MTY says Country Style's sales were approximately $94-million for the last 12 months, more than a third of the system-wide sales reported by MTY last year. The combined company would still be a shrimp compared with Tim Hortons, which reported sales last year of more than $2-billion and has a market capitalization of $5.9-billion. The chain is so omnipresent throughout much of the country that it has tried to expand in the U.S. with mixed results. While consumer spending has been crimped, fast food companies have been decent stock investments since the fall market crash. Shares of Tim Hortons are breakeven over the last seven months compared to a 26% drop for the S&P/TSX composite index. MTY has also proven itself a solid investment in uncertain times. Over the last seven months, the venture exchange-listed stock has dropped only 3%. http://www.financialpost.com/story.html?id=1492403