as well, which declared Long-Term Evolution network by AT&T as the fastest in the country. On the other hand, the prices charged by wireless providers in Canada are significantly higher than what is charged in the U.S. – the study says. U.S. providers like T-Mobile and Sprint still rule the market for those who have a tighter budget. The U.S. providers serve their customers with more value than what users get in Canada. PC Magazine is, ironically, based in New York . It notes that Rogers’ network provided 92Mbps speed in Vancouver, which is the highest in North America in the last 4 years. The consistency of the high speed is extremely consistent. The majority of Rogers’ service hours provided 8Mbps speed or higher, which is the current benchmark for broadband services by prominent wireless carriers.
EU says it hopes to conclude free trade deal with Canada in the “coming days”
Brennan Linsley/AP TORONTO (AP) — Former NHL star Joe Sakic was inducted into Canada’s Sports Hall of Fame on Wednesday night. Sakic helped the Colorado Avalanche win two Stanley Cup titles and is now the team’s executive vice president of hockey operations. He also won titles at the Winter Olympics, world hockey championship, World Cup of Hockey and world juniors. ”To play for your country, I got a chance to play with Wayne Gretzky and Mario Lemieux, and I wouldn’t have had that happen on my regular team,” Sakic said. ”Any time you put the Canadian jersey on, you just felt something more and something special. The game just seemed to mean a little bit more. We never took that for granted.” He was inducted along with Olympic champion curler Russ Howard, cyclist Alison Sydor, late five-time Paralympian Andre Viger and the 1992 Olympic champion women’s coxless four rowing team of Kirsten Barnes, Brenda Taylor, Jessica Monroe-Gonin, Kay Worthington and Jennifer Walinga. Former Canadian Amateur Hockey Association President Murray Costello and sport development architect Dr. Jean-Guy Ouellet entered as builders. Copyright 2013 Associated Press . All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. More NHL
Factory shipments sank 0.2 percent from July to a seasonally adjusted C$49.5 billion ($47.6 billion) in the month, dragged down by weakness in the vehicle assembly and food industries as well as an outsized drop in the small jewelry and silverware sector, Statistics Canada said on Wednesday. Analysts surveyed by Reuters had predicted a 0.2 percent gain in August. Eleven of 21 industries registered setbacks. The volume of sales, used in calculating gross domestic product, fell 0.3 percent. The report suggests manufacturing will contribute little to monthly GDP and supports the Bank of Canada’s move to downgrade its growth forecast for the third quarter to between 2.0 and 2.5 percent from 3.8 percent, annualized. “Manufacturing has stagnated in 2013 and not much positive momentum should be expected over the balance of the year as the prospects of a healthy recovery in the U.S. into the fourth quarter look precarious,” said Mazen Issa, an economist with TD Securities. After weeks of bitter fighting, U.S. lawmakers prepared on Wednesday to put forth a proposal to raise the debt limit and reopen a partially shuttered government in hopes of avoiding a historic default which could throw the economy back into recession. Canada sells about 75 percent of its exports in the United States. “Even if a short-term deal is brokered to extend the deadline into early next year, uncertainty will hang in the balance leaving the Canadian manufacturing industry in limbo,” Issa said in a note to clients. Year on year, sales were up by just 0.3 percent in current dollar terms and down 2.1 percent in volume. Growth in the Canadian economy has disappointed this year, Bank of Canada Governor Stephen Poloz said on Friday, and August trade data released last week showed exports were still not providing the much-wanted boost in the third quarter. Factory sales and exports both remain below their pre-recession peaks.
UPDATE 2-Canada factory sales slip, weigh on August growth
Helderman The Senate and House approved legislation to raise the debt limit and end the federal shutdown. Zachary A. Goldfarb The deal to reopen the government and raise the debt ceiling prolongs uncertainty and dodges tough issues. More business news Discussions are indeed continuing at the highest level between the EU and Canada towards a comprehensive free trade deal (CETA) with the hope to conclude the negotiations in the coming days, EU Trade spokesman John Clancy said in an email. Harper posted on his official Twitter account that Canada will soon complete negotiations. A spokesman for Harper said the prime minister will fly to Brussels on Thursday. An agreement-in-principle is expected to be concluded Friday by Harper and European Commissioner Jose Manuel Barroso. Yves Leduc, director of international trade for the Dairy Farmers of Canada, said hes been told by a Canadian government official that an agreement in principle has been reached and that the European Unions 28 members and Canadas 10 provinces have to approve it. Canada has agreed to permit a doubling of the EU quota on cheese exports to Canada in exchange for greater access for Canadian beef and pork producers. Leduc said Canadas cheese industry is angry because it threatens the fine cheese market in Canada. For the dairy farmers of Canada this is a deal that is unacceptable. Were more than disappointed, Leduc said.