MONTREAL – Cogeco Inc. said Tuesday that Audet family holding company Gestion Audem Inc. is selling144,090 subordinate voting shares on a private placement basis.
The transaction does not alter the control of Cogeco since, upon completion of this transaction, Gestion Audem will retain control and ownership over 1,809,660 multiple voting shares and 365,720 subordinate voting shares of Cogeco, representing in aggregate 70.5% of the voting rights associated with all shares of Cogeco (compared to 70.8% of the voting rights prior to the transaction).
"This transaction represents only a small percentage of Gestion Audem's holding in Cogeco Inc.," said Gestion Audem Inc….
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MONTREAL – Cogeco is partnering with Centraide of Greater Montreal to support an innovative project designed to help foster the successful integration of Syrian refugees in Canada.
‘Training for Better Newcomer Integration’ aims to ensure that Syrian refugees will integrate successfully into the community and contribute fully to its social and economic vitality. Cogeco will invest $500,000 over five years to develop and implement a training program to help community and institutional stakeholders equip the many front-line workers involved in refugee integration with the tools that they need.
The tools developed under this initiative will be offered to the agencies supported…
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OTTAWA – Telus’ EVP, corporate affairs, chief legal officer and corporate secretary Monique Mercier has been named Woman of the Year by Women in Communications and Technology (WCT).
Mercier, pictured, leads a team of 300 professionals, of which 49% are women. She coaches, mentors, and champions the Telus women’s executive network, and has advocated to have its board of directors be compromised of 25% women by May 2017, and 30% by 2019.
Accenture was named company of the year, and WCT also named 10 other recipients of its prestigious annual awards, which recognize efforts to advance women’s representation and achievement in…
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MONTREAL – Cogeco Connexion has flipped the switch on its new free wireless Internet network in the Halton region of Ontario.
The company said Wednesday that it has been strategically building the public Wi-Fi network over the last few years by setting up hotspots indoors and outdoors in core areas of the cities Burlington, Oakville, Milton and Georgetown. With nearly 400 hotspots, the network was largely built by leveraging Cogeco Connexion’s business customers and covers locations such as retail shops, restaurants and professional services offices. Hotspots have also been installed in outdoor public places like Millcroft Park in Burlington, Oakville…
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TORONTO – With less than two weeks until its debut, Viceland unveiled more of its millennial-focused programming and confirmed that it will be available on a three month free preview at launch.
Beginning Monday, February 29 at 5:00 AM ET/PT (check local listings), viewers wake up in Viceland with the one-hour special Bar Talk, hosted by Vice Canada’s head of content Patrick McGuire from the new Toronto studio. Following that is the 13-hour special 646-851-0347 Leave A Message.
With hosts that include Canadians Ellen Page (Gaycation), Matty Matheson (Dead Set on Life), and renowned actor Michael K. Williams (Black Market with Michael…
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MONTREAL – Cogeco Connexion has eliminated 20 jobs from its operations in Ontario and Quebec as part of a restructuring initiative.
A company spokesperson confirmed to Cartt.ca on Thursday that the reorganization “will increase our capability to be more customer-centric and will allow us to be more agile.” Other employees have been promoted or offered different position within the organization.
“We are evolving in a highly competitive marketplace”, reads the emailed response. “We need to transform ourselves in light of the ever-changing consumer habits and technology, and to remain competitive in this challenging and stimulating industry. We have to continue to put…
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MONTREAL – Cogeco Connexion is investing more than $250,000 to roll out its fibre optic network to serve the city of Saint-Jérôme-de-Matane.
Work to install the network will begin this month, and residents and business will be able to access Cogeco Connexion’s television, high-speed Internet and telephony services in the next few months.
“Cogeco Connexion already owns and operates a fiber optics network of over 11,000 km in Ontario and Québec, and the ongoing expansion of our network into high-potential markets is a business priority for us”, said VP customer solutions Michel Blais, in the news release. “To that end, we…
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LEST YOU BE IN DOUBT that the CRTC believes it has authority over video delivered across the Internet, I refer you to the transcript of the hearing currently underway in Hull regarding the policy framework for local and community television.
In this portion the Chairman took issue with the way the counsel for Cogeco, Yves Mayrand, was speaking about the "unlicensed" portion of the broadcasting system, but this term includes the Internet, as I will explain. Yves Mayrand had referred to it as "unregulated" during the company’s appearance last Tuesday.
Mayrand said:
Now with respect to the notion that…
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GATINEAU – Many parties to the CRTC’s local and community TV consultation have proposed funding approaches (each with their own acronyms we’re having trouble keep track of) which could financially support these struggling services. Rogers Communications Inc. has now joined them, unveiling its own approach to a local programming fund.
In its appearance before the Commission on Thursday, the media and communications giant argued while it still prefers its original proposal calling for greater flexibility to move local programming funds from larger to smaller markets, it offered up another model that it says is workable and would provide financial benefits…
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Commission is told small TV stations are living on borrowed time
GATINEAU – The local TV environment is so bad for some small independent over the air broadcasters that they risk shutting their doors in the coming months if they don’t get financial assistance from the CRTC. A case in point is Dougall Media’s Thunder Bay Electronics, the owner of two stations in the northwestern Ontario city.
VP and GM Don Caron explained during a closing statement to the Small Market Independent Television Stations Coalition (SMITs) appearance that his two stations (a CTV and Global affiliate) have remained open…
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