OTTAWA — A watchdog group says some local TV stations could close and more than 30,000 people could lose their jobs if Canada’s broadcast regulator adopts changes it wants Canadians to consider.The Canadian Radio-television and Telecommunications Commission is proposing new regulations that would, among other things, allow consumers to pick the individual channels they want from cable and satellite service providers, on top of a trimmed-down basic service.In a document released Thursday, the CRTC also proposes capping basic TV service rates and banning service providers from airing Canadian advertising over simulcast American programming.Friends of Canadian Broadcasting warns that the combined measures, if enacted, could force up to 19 TV stations to shut their doors.The group says that would result in the loss of more than 31,000 jobs and cost the Canadian economy $2.9 billion by the year 2020.The CRTC stresses that its proposed changes are not set in stone, but are simply a framework for public consultations that have been extended until mid-September. read more

by The Canadian Press Posted Mar 28, 2014 3:04 pm MDT TORONTO – Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange (14,260.72 up 81.88 points):Fortis Inc. (TSX:FTS.IR). Utilities. Up 10 cents, or 0.30 per cent, to $33.70 on 19.7 million shares.Kinross Gold Corp. (TSX:K). Miner. Up 21 cents, or 4.71 per cent, to $4.67 on 9.4 million shares.BlackBerry Ltd. (TSX:BB). Communication equipment. Down 65 cents, or 6.53 per cent, to $9.31 on 7.1 million shares.Loblaw Companies Ltd. (TSX:L). Retail. Down 42 cents, or 0.89 per cent, to $47.03 on 6.2 million shares. The company said Friday it has closed its $12.4-billion cash-and-stock deal to buy Shoppers Drug Mart Corp. (TSX:SC) Retail. Down 24 cents, or 0.39 per cent, to $61.10 on 412,414 shares. Under the agreement, which limited the amount of cash available, Shoppers Drug Mart shareholders who chose to receive cash will be paid $49.22 in cash and 0.2592 Loblaw shares for each share. Shoppers Drug Mart shareholders who did not make a choice will receive $26.53 in cash and 0.7363 Loblaw shares for each share.Connacher Oil and Gas Ltd. (TSX:CLL). Oil and gas. Up 1.5 cents, or 5.66 per cent, to 28 cents on 4.4 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace. Down two cents, or 0.49 per cent, to $4.06 on 4.1 million shares. Brazilian prosecutors are seeking the arrest of 13 foreign executives, including one from Montreal-based Bombardier, for alleged involvement in a cartel to raise prices for the construction and upkeep of subway and train systems in Sao Paulo. Eleven of the 13 executives work for Siemens of Germany, one for Bombardier and another for South Korea’s Hyundai Rotem.Toronto Venture Exchange (989.73 up 4.38 points):Supreme Pharmaceuticals Inc. (TSXV:SL). Biotechnology. Up 0.5 cents, or 8.33 per cent, to 6.5 cents on 22.4 million shares.Kilo Goldmines Ltd. (TSXV:KGL). Unchanged at two cents on 9.6 million shares.Companies reporting major news:Augusta Resource Corp. (TSX:AZC). Miner. Up 10 cents, or 2.99 per cent, to $3.45 on 271,493 shares. The company, which is fighting a hostile takeover bid by HudBay Minerals Inc. (TSX:HBM) Miner. Up 10 cents, or 1.20 per cent, to $8.45 on 229,735 shares, says nine potential buyers have signed confidentiality agreements and have been reviewing its books. The company said it will start site visits to its Rosemont copper project in Arizona next week and expects them to take place over the next three to four weeks. Most actively traded companies on the TSX, TSX Venture Exchange AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more