06:10:34 EDT Sun 05 May 2024
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BCE Inc (2)
Symbol BCE
Shares Issued 912,275,388
Close 2024-04-22 C$ 45.06
Market Cap C$ 41,107,128,983
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Post/CP wonder if Telus, others have really cut prices

2024-04-23 09:27 ET - In the News

See In the News (C-T) Telus Corp (2)

The Financial Post reports in its Tuesday edition that as the federal government touts measures meant to curb the cost of Canadians' cellphone bills, some say there is a disconnect between what consumers are paying and the rhetoric surrounding price declines. A Canadian Press dispatch to the Post says that on Thursday, Prime Minister Justin Trudeau drew the ire of social media users when he posted on X: "We've cut the cost of cellphone plans in half since 2019 -- in part by increasing competition. Next, we're going after the junk fees on your phone bill, so you can do things like cancel your plan or switch to a cheaper one with no added charges." The post raised questions, including from consumers saying they do not feel as though they are paying less on their cellphone bills than they were five years ago. "A show of hands please? Has your phone plan cut itself in half? Mine hasn't," said X user Ryan Lindley. "My kingdom for a single person whose cellphone bill has been cut in half since 2019," tweeted Steve Boots. Last week's budget cited Statistics Canada data from December, 2023, that showed cellphone plan costs declined by 50 per cent since the same month in 2018, but some experts dispute that number.

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