Telecoms Struggle with Reduced Roaming Revenues Amid Fewer U.S. Trips
Wednesday, May 14, 2025, 2:21 pm
Canada's major telecommunications carriers are reporting a dip in international roaming revenue as diminished U.S. travel impacts cross-border calls. With tariffs and trade tensions still hanging in the air, industry leaders brace for what may be prolonged financial challenges—a modern twist on lost phone bills.
Rogers, Bell and Telus say they've experienced a decline in revenue from international roaming costs, with the latter's CEO suggesting it is likely to continue amid tensions.
TORONTO — Canada’s Big Three telecommunications carriers say they are taking in less revenue from international roaming so far this year as fewer Canadians travel to the U.S. amid the ongoing trade war. But the companies say for the most part they haven’t yet borne the brunt of the economic impacts…
permalink / 2 stories from sources in 8 hours ago #economy #finance #usrelations #business
More Top Stories...
Liberal Fall Economic Statement Replaces 2025 Budget Filing
The government has ditched the traditional 2025 budget in favor of a detailed fall economic update. Officials are pivoting from comprehensive fiscal planning to a more piecemeal approach, sparking debates as critics wonder whether this is an innovative strategy or a subtle tactic to dodge tough questions. More...
Ontario, Manitoba seal interprovincial trade pact amid live media briefing
In a show of cross‐provincial cooperation, Premier Doug Ford and Premier Wab Kinew signed a deal designed to remove trade barriers and streamline goods and labor movement between Ontario and Manitoba. The premiers then took to the microphones in a joint media session, proving that even trade talks can have a bit of theatrical flair. More...
Eby’s Asian trade mission announced to curb U.S. reliance
B.C. Premier David Eby is set to embark on a trade trip to Japan, South Korea and Malaysia aimed at reducing dependency on U.S. markets while bolstering local competitiveness. The mission is portrayed as pivotal to reenergizing B.C.’s role in a “new Canada.” More...
ATCO CEO warns separatism debate is harming investments
ATCO’s chief executive, Nancy Southern, candidly criticized the ongoing separatism discussion, asserting that such debates are already dampening investment confidence. Her strong stance underscores concerns from business leaders that further divisiveness could derail economic growth and compound fiscal uncertainties. More...
CBC scraps bonuses amid backlash and internal payout controversy
CBC has abruptly halted individual bonus payments following severe criticism over multimillion-dollar payouts amid layoffs. The broadcaster’s decision to reconfigure employee compensation comes as a belated attempt to manage optics and restore credibility in an era when rewarding mediocrity seems to be out of fashion. More...
Related Tags
Economy
ATCO CEO warns separatism debate is harming investments (3 hours ago)
Nova Scotia Lifts Seafood Licensing Moratorium to Boost Sector Growth (35 hours ago)
Honda Canada Halts $15-Billion EV Project Amid Market Concerns (38 hours ago)
Finance
Liberal Fall Economic Statement Replaces 2025 Budget Filing (8 hours ago)
Hudson’s Bay secures creditor protection until July end (33 hours ago)
Ontario Hospitals Under Fire Over Multi-Billion Dollar Agency Nurse Spending (2 days ago)
US Relations
High-Stakes Parkland-Sunoco Deal Amid U.S.-Canada Tensions and Scrutiny (31 hours ago)
Trump to lift sanctions on Syria in unexpected policy twist (33 hours ago)
Canada's ambassador pushes for tariff relief amid US trade talks (41 hours ago)
Business
ATCO CEO warns separatism debate is harming investments (3 hours ago)
High-Stakes Parkland-Sunoco Deal Amid U.S.-Canada Tensions and Scrutiny (31 hours ago)
Hudson’s Bay secures creditor protection until July end (33 hours ago)