Allied Properties REIT explores selling assets worth $1.3-billion to ease debt woes after interest rates soar

Allied Properties REIT explores selling assets worth .3-billion to ease debt woes after interest rates soar

Michael Emory, CEO of Allied Properties REIT, stands in the lobby of offices on Adelaide in Toronto.Ashley Hutcheson/The Globe and Mail Office property owner Allied Properties REIT AP-UN-T is considering the sale of its data-centre portfolio, a deal that would help the commercial landlord pay down debt as it retools for a new era of … Read more

Why can we still not use our cellphones on the TTC?

Why can we still not use our cellphones on the TTC?

Toronto subway commuters know all too well where they have to fire off that urgent work email — whether it’s Rosedale or Keele stations, or that brief stretch between Castle Frank and Broadview — before the TTC dives underground again, cutting off all connection to the outside world . Other major cities around the globe … Read more

Bell takes a beating, the economy’s growth cools and alternatives to quiet quitting: The business and investing stories you need to know about this week

Bell takes a beating, the economy’s growth cools and alternatives to quiet quitting: The business and investing stories you need to know about this week

Bell Canada head office is seen on Nun’s Island in Montreal on August 5, 2015. THE CANADIAN PRESS/Ryan RemiorzRyan Remiorz/The Canadian Press Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies … Read more

Bell to buy Distributel, the latest industry acquisition

Bell to buy Distributel, the latest industry acquisition

Ottawa-based telecom Distributel is the latest independent internet service provider to be acquired by market giant Bell Canada BCE-T. In a statement late Friday, the companies said the deal would support Distributel’s growth strategy in the residential and business segments for internet services. Bell said the acquisition will further its efforts to provide customers with … Read more

Head of Bell says Lisa LaFlamme dismissal not related to age, gender or gray hair

Head of Bell says Lisa LaFlamme dismissal not related to age, gender or gray hair

Lisa LaFlamme with her Canadian Screen Award for Best News Anchor, National in Toronto on Aug. 17.George Pimentel/The Canadian Press The head of Bell Media’s parent company says the decision to end Lisa LaFlamme’s contract with CTV National News had nothing to do with her age, gender or gray hair. “The narrative has been that … Read more