May 7, 2024

Telus gives update on non-Canadian ownership

VANCOUVER - Telus Corp. (TSX:T) says foreign investors buying up stock could push Canadian ownership below government mandated level. Local news from metronews.ca/vancouver … [Read more...]

Telus says comments by Ironworkers Union are “simply wrong”

Telus is taking issue with remarks made by the manager of shopworkers/ironworkers local 712 who said steel contracts are going to China.   Spokesperson Shawn Hall says claims by Tom O'Neil steel contracts for Telus Garden have gone overseas simply aren't accurate.   Hall said "Well the information put forward earlier is simply wrong what … [Read more...]

After a big Telus announcement the question is being asked, Where was the Premier?

The leader of BC's opposition was there, as was the opposition finance critic.  But Premier Christy Clark wasn't in attendance, as Telus, the province's largest private sector employer, announced its $ 3 billion capital investment plan.  President Darren Entwistle said "we invited people from both parties to the event today, which is the … [Read more...]

Telus announcing three billion dollar investment

  Telus has announced it is investing three billion dollars in British Columbia over the next three years. 750-million will go toward Telus Garden, the one-million square foot development at Richards and Georgia in downtown Vancouver. A 24-storey office tower is to be the country's first Leed platinum building, while the 53-storey residential … [Read more...]

Telus profit rises 4.9 per cent in Q4

VANCOUVER - Telus (TSX:T) says fourth-quarter profits increased 4.9 per cent as it signed up more subscribers to its TV services, but fell short of overall analyst expectations.The Vancouver-based telecommunications company reported that net income was $ 237 million, an increase from $ 226 million in the same three month period a year earlier.On … [Read more...]

Telus says Q3 profit rises 30 per cent

VANCOUVER - Telus Corp. (TSX:T) is boosting its dividend by 5.5 per cent following stronger third-quarter profits.The telecommunications company says it will raise the dividend to 58 cents per share, up from 55 cents.The increase comes after the company's third-quarter net income rose 30 per cent to $ 326 million from $ 251 million a year … [Read more...]