Quebecor CEO warns of grim future for TVA Sports amid rising cost of broadcast rights

The chief executive of Quebecor Inc. warned Thursday that the company's French-language sports television programming could be in jeopardy amid rising costs for broadcasting rights.
Speaking at the company's annual general meeting, Quebecor president and CEO Pierre Karl Péladeau said that TVA Sports, a specialty channel operated by Quebecor Media-subsidiary TVA Group, continues to lose money.

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Edmonton Journal

42 minutes ago

• Edmonton Journal

Bell: Carney gets Bill C-5 win but will Danielle Smith get schooled by the PM?

Article content Question for premier But a big question remains. Did Alberta Premier Danielle Smith get what she wanted? Did Alberta get what it wanted? Unlike Carney, both Smith and Alberta will have to wait for the big win, if there is one. Carney is asked the big question after his big win. Will the first projects to be fast-tracked be in the energy field? Will those projects be considered initially? The reporter mentions Premier Smith and pipelines. Smith wants a bitumen pipeline to the B.C. port of Prince Rupert. Smith backed Carney on Bill C-5. 'Well, that's a very good question,' says Carney. You know when someone says it's a very good question you might not get a very good answer. 'It depends. To be perfectly honest that's the only answer,' continues the prime minister. Carney says there are transmission line projects and there are a number of possible pipeline projects, gas pipelines or oil pipelines. Article content Article content But …. 'At the same time there are major projects that are very attractive. For example, a project in Quebec that's very attractive,' he says, in French. Sinking feeling Carney mentions a potential energy corridor at Grays Point in Nunavut. There is a potential project in Manitoba and Saskatchewan as far as Churchill. 'Those are projects that could lead to the development of other projects involving critical minerals.' If you're experiencing a sinking feeling it's not the pizza you ate last night. Carney says there are other projects not on the list put forward by the provinces 'in terms of AI infrastructure.' The prime minister talks about what a project has to have in order to be picked for the express lane of approval. 'It has to be in the national interest,' says Carney. 'There has to be some probability they can actually move forward. Article content 'We have to have the agreement of the Indigenous peoples.' Here is a line for you. 'They also have to be consistent with our climate goals in Canada.' When will the first so-called nation-building projects be picked? 'We'll see,' says Carney. Premier Smith has already said she wants Carney and the Liberals to be dealing with her demand to scrap nine anti-oil and gas and anti-development Liberal laws by the fall. You know, getting rid of the oil and gas emissions cap, the tanker ban, rewriting or scrapping the No More Pipelines law, tossing the net-zero power regulations, to name the ones that always come up. A few days ago, Smith backed Carney in the hopes of getting the pipeline built as a first step. Then with her pipeline on the prime minister's VIP list, the Very Important Project list, Carney could then take the hatchet to the bad for Alberta laws cooked up in the 10 years of Trudeau. Article content But, just saying, what happens if Carney doesn't come through with Smith's bitumen pipeline? What happens if Carney doesn't deal with most of Smith's demands? One of the premier's demands is for Carney to scrap the Liberal goal of having no new gas vehicles sold in 10 years. Carney is not changing course on that one. Meanwhile, the federal Conservatives also backed Carney. They also wanted the nasty Liberal laws holding up development to be scrapped. They campaigned on it in the last election campaign. They voted with Carney on Bill C-5 since something was better than nothing. They didn't want to be seen as standing in the way of something moving forward. When the vote was over Carney went over and shook some Conservative hands. It is easy to shake hands when you won the game. Devin Dreeshen, Smith's point man on transportation and economic corridors who is hoping real hard for that bitumen pipeline, weighs in on a worst-case scenario. 'If the kind words from the Carney government ring hollow because there are no projects in Alberta being fast-tracked we are right back to Square 1 where we have a federal government that says it is Team Canada but is doing everything to not help Team Canada win.' Latest National Stories

Calgary Herald

4 hours ago

• Calgary Herald

Bell: Carney gets Bill C-5 win but will Danielle Smith get schooled by the PM?

Article content Mark Carney got what he wanted. Article content Yes, the prime minister really got he wanted. Article content Article content He got the support of Alberta Premier Danielle Smith. He got the support of Pierre Poilievre's Conservatives. Article content Article content But a big question remains. Article content Did Alberta Premier Danielle Smith get what she wanted? Article content Unlike Carney, both Smith and Alberta will have to wait for the big win, if there is one. Article content Carney is asked the big question after his big win. Article content Will the first projects to be fast-tracked be in the energy field? Will those projects be considered initially? Article content The reporter mentions Premier Smith and pipelines. Smith wants a bitumen pipeline to the B.C. port of Prince Rupert. Article content Smith backed Carney on Bill C-5. Article content 'Well, that's a very good question,' says Carney. Article content Article content You know when someone says it's a very good question you might not get a very good answer. Article content 'It depends. To be perfectly honest that's the only answer,' continues the prime minister. Article content Carney says there are transmission line projects and there are a number of possible pipeline projects, gas pipelines or oil pipelines. Article content Article content Article content 'At the same time there are major projects that are very attractive. For example, a project in Quebec that's very attractive,' he says, in French.

Winnipeg Free Press

8 hours ago

• Winnipeg Free Press

Paris' iconic cauldron from the Olympic Games returns to light up summer nights

PARIS (AP) — A year after it captivated crowds during the Paris Olympics, a centerpiece of the summer Games is making a comeback. The iconic helium-powered balloon that attracted myriads of tourists during the summer Games has shed its Olympic branding and is now just called the 'Paris Cauldron.' It is set to rise again into the air later Saturday, lifting off over the Tuileries Garden. Around 30,000 people are expected to attend the launch, which coincides with France's annual street music festival — the Fete de la Musique, the Paris police prefecture said. And it won't be a one-time event. After Saturday's flight, the balloon will lift off into the sky each summer evening from June 21 to Sept. 14, for the next three years. The cauldron's ascent may become a new rhythm of the Parisian summer, with special flights planned for Bastille Day on July 14 and the anniversary of the 2024 opening ceremony on July 26. Gone is the official 'Olympic' branding — forbidden under IOC reuse rules — but the spectacle remains. The 30-meter (98-foot) -tall floating ring, dreamed up by French designer Mathieu Lehanneur and powered by French energy company EDF, simulates flame without fire: LED lights, mist jets and high-pressure fans create a luminous halo that hovers above the city at dusk, visible from rooftops across the capital. Though it stole the show in 2024, the cauldron was only meant to be temporary, not engineered for multi-year outdoor exposure. To transform it into a summer staple, engineers reinforced it. The aluminum ring and tether points were rebuilt with tougher components to handle rain, sun and temperature changes over several seasons. Though it's a hot-air-balloon-style, the lift comes solely from helium — no flame, no burner, just gas and engineering. The structure first dazzled during the Olympics. Over just 40 days, it drew more than 200,000 visitors, according to officials. Now anchored in the center of the drained Tuileries pond, the cauldron's return is part of French President Emmanuel Macron's effort to preserve the Games' spirit in the city, as Paris looks ahead to the 2028 Olympics in Los Angeles.