Mr. Ford, end the Starlink deal with Elon Musk [Globe and Mail, The (Toronto, Canada)]
Telesat Corporation (TSAT)
Company Research
Source: Globe and Mail, The
Ontario's Doug Ford showed some welcome moxie last week when he said his province would cancel a $92-million contract with Starlink, a satellite internet provider owned by Elon Musk, in retaliation against U.S. tariffs on Canadian goods. “Ontario won't do business with people hell-bent on destroying our economy,” he said, a reference to the fact that Mr. Musk is deeply involved with the Trump administration and, as he put it, is President Donald Trump's “buddy.” A few hours later, when the U.S. backed off on immediately imposing tariffs, Mr. Ford put a pause on the Starlink cancellation, as well as on his plans to remove U.S.-made booze from the province's liquor stores and ban American companies from bidding on provincial contracts. This now raises the prospect of Mr. Ford having to re-cancel the Starlink contract if the U.S. decides to re-impose tariffs at the end of its 30-day reprieve - or, as U.S. President Trump did over the weekend, puts targeted levies on Canadian steel
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- Telesat enters strategic partnership with Government of Canada and MDA Space to deliver next-generation military satellite communications solutionGlobeNewswire
- Telesat (NasdaqGS:TSAT) Losses Worsen, But Revenue Growth Forecast Tests Bullish Narratives [Yahoo! Finance]Yahoo! Finance
- Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite network [Canadian Business Journal (Canada)]Canadian Business Journal
- Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite networkGlobeNewswire
TSAT
Sec Filings
- 12/9/25 - Form 6-K
- 11/4/25 - Form 6-K
- 11/4/25 - Form 6-K
- TSAT's page on the SEC website