exv3

BCE Consolidated ⁽¹⁾
Consolidated Operational Data


	Q2			Q2									YTD			YTD
($ millions, except per share amounts)	2006			2005			$ change			% change			2006			2005			$ change			% change

Operating revenues		4,803			4,757			46			1.0	%		9,537			9,387			150			1.6	%
Operating expenses		(2,830	)		(2,785	)		(45	)		(1.6	%)		(5,661	)		(5,512	)		(149	)		(2.7	%)

EBITDA ⁽²⁾		1,973			1,972			1			0.1	%		3,876			3,875			1			0.0	%
*EBITDA margin* ⁽³⁾		*41.1*	%		41.5	%				(0.4) pts				*40.6*	%		41.3	%				(0.7) pts
Amortization expense		(802	)		(776	)		(26	)		(3.4	%)		(1,568	)		(1,537	)		(31	)		(2.0	%)
Net benefit plans cost		(141	)		(104	)		(37	)		(35.6	%)		(283	)		(207	)		(76	)		(36.7	%)
Restructuring and other items		(50	)		(5	)		(45	)		n.m.			(138	)		(1	)		(137	)		n.m.

Operating income		980			1,087			(107	)		(9.8	%)		1,887			2,130			(243	)		(11.4	%)
Other income (expense)		(32	)		19			(51	)		n.m.			(39	)		27			(66	)		n.m.
Interest expense		(253	)		(245	)		(8	)		(3.3	%)		(504	)		(490	)		(14	)		(2.9	%)

Pre-tax earnings from continuing operations		695			861			(166	)		(19.3	%)		1,344			1,667			(323	)		(19.4	%)
Income taxes		(184	)		(218	)		34			15.6	%		(367	)		(482	)		115			23.9	%
Non-controlling interest		(52	)		(73	)		21			28.8	%		(105	)		(136	)		31			22.8	%

Earnings from continuing operations		459			570			(111	)		(19.5	%)		872			1,049			(177	)		(16.9	%)
Discontinued operations		35			11			24			n.m.			116			23			93			n.m.

Net earnings		494			581			(87	)		(15.0	%)		988			1,072			(84	)		(7.8	%)
Dividends on preferred shares		(18	)		(18	)		—			0.0	%		(35	)		(35	)		—			0.0	%

Net earnings applicable to common shares		476			563			(87	)		(15.5	%)		953			1,037			(84	)		(8.1	%)

Net earnings per common share — basic
Continuing operations	$	0.49		$	0.60		$	(0.11	)		(18.3	%)	$	0.92		$	1.10		$	(0.18	)		(16.4	%)
Discontinued operations	$	0.04		$	0.01		$	0.03			n.m.		$	0.13		$	0.02		$	0.11			n.m.
Net earnings	$	0.53		$	0.61		$	(0.08	)		(13.1	%)	$	1.05		$	1.12		$	(0.07	)		(6.3	%)
Net earnings per common share — diluted
Continuing operations	$	0.49		$	0.60		$	(0.11	)		(18.3	%)	$	0.92		$	1.10		$	(0.18	)		(16.4	%)
Discontinued operations	$	0.04		$	0.01		$	0.03			n.m.		$	0.13		$	0.02		$	0.11			n.m.
Net earnings	$	0.53		$	0.61		$	(0.08	)		(13.1	%)	$	1.05		$	1.12		$	(0.07	)		(6.3	%)
Dividends per common share	$	0.33		$	0.33		$	—			0.0	%	$	0.66		$	0.66		$	—			0.0	%
Average number of common shares outstanding — basic (millions)		896.4			926.6									908.4			926.4



The following items are included in net earnings:
Net gains (losses) on investments
Continuing operations		—			28									1			29
Discontinued operations		35			—									115			(1	)
Restructuring and other items		(27	)		(3	)								(85	)		(1	)
Cost incurred to form the Bell Aliant Regional Communication Income Fund (Bell Aliant)		(14	)		—									(14	)		—

Total		(6	)		25									17			27
Impact on net earnings per share	$	(0.01	)	$	0.03								$	0.02		$	0.03

EPS before restructuring and other items, net gains on investments, and costs incurred to form Bell Aliant ⁽²⁾	$	0.54		$	0.58		$	(0.04	)		(6.9	%)	$	1.03		$	1.09		$	(0.06	)		(5.5	%)

n.m. : not meaningful

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 2

BCE Consolidated ⁽¹⁾
Consolidated Operational Data — Historical Trend


	YTD									Total
($ millions, except per share amounts)	2006			Q2 06			Q1 06			2005			Q4 05			Q3 05			Q2 05			Q1 05

Operating revenues		9,537			4,803			4,734			19,105			4,986			4,732			4,757			4,630
Operating expenses		(5,661	)		(2,830	)		(2,831	)		(11,508	)		(3,128	)		(2,868	)		(2,785	)		(2,727	)

EBITDA ⁽²⁾		3,876			1,973			1,903			7,597			1,858			1,864			1,972			1,903
*EBITDA margin* ⁽³⁾		*40.6*	%		*41.1*	%		40.2	%		39.8	%		37.3	%		39.4	%		41.5	%		41.1	%
Amortization expense		(1,568	)		(802	)		(766	)		(3,114	)		(791	)		(786	)		(776	)		(761	)
Net benefit plans cost		(283	)		(141	)		(142	)		(380	)		(65	)		(108	)		(104	)		(103	)
Restructuring and other items		(138	)		(50	)		(88	)		(55	)		(23	)		(31	)		(5	)		4

Operating income		1,887			980			907			4,048			979			939			1,087			1,043
Other income (expense)		(39	)		(32	)		(7	)		8			(17	)		(2	)		19			8
Interest expense		(504	)		(253	)		(251	)		(981	)		(246	)		(245	)		(245	)		(245	)

Pre-tax earnings from continuing operations		1,344			695			649			3,075			716			692			861			806
Income taxes		(367	)		(184	)		(183	)		(893	)		(224	)		(187	)		(218	)		(264	)
Non-controlling interest		(105	)		(52	)		(53	)		(267	)		(74	)		(57	)		(73	)		(63	)

Earnings from continuing operations		872			459			413			1,915			418			448			570			479
Discontinued operations		116			35			81			46			12			11			11			12

Net earnings		988			494			494			1,961			430			459			581			491
Dividends on preferred shares		(35	)		(18	)		(17	)		(70	)		(17	)		(18	)		(18	)		(17	)

Net earnings applicable to common shares		953			476			477			1,891			413			441			563			474

Net earnings per common share — basic
Continuing operations	$	0.92		$	0.49		$	0.43		$	1.99		$	0.43		$	0.46		$	0.60		$	0.50
Discontinued operations	$	0.13		$	0.04		$	0.09		$	0.05		$	0.01		$	0.02		$	0.01		$	0.01
Net earnings	$	1.05		$	0.53		$	0.52		$	2.04		$	0.44		$	0.48		$	0.61		$	0.51
Net earnings per common share — diluted
Continuing operations	$	0.92		$	0.49		$	0.43		$	1.99		$	0.43		$	0.46		$	0.60		$	0.50
Discontinued operations	$	0.13		$	0.04		$	0.09		$	0.05		$	0.01		$	0.02		$	0.01		$	0.01
Net earnings	$	1.05		$	0.53		$	0.52		$	2.04		$	0.44		$	0.48		$	0.61		$	0.51
Dividends per common share	$	0.66		$	0.33		$	0.33		$	1.32		$	0.33		$	0.33		$	0.33		$	0.33
Average number of common shares outstanding — basic (millions)		908.4			896.4			920.5			926.8			927.3			927.0			926.6			926.2



The following items are included in net earnings:
Net gains (losses) on investments
Continuing operations		1			—			1			29			—			—			28			1
Discontinued operations		115			35			80			(1	)		—			—			—			(1	)
Restructuring and other items		(85	)		(27	)		(58	)		(38	)		(16	)		(21	)		(3	)		2
Cost incurred to form Bell Aliant		(14	)		(14	)		—			—			—			—			—			—

Total		17			(6	)		23			(10	)		(16	)		(21	)		25			2
Impact on net earnings per share	$	0.02		$	(0.01	)	$	0.03		$	(0.01	)	$	(0.02	)	$	(0.02	)	$	0.03		$	—

EPS before restructuring and other items, net gains on investments and costs incurred to form Bell Aliant ⁽²⁾	$	1.03		$	0.54		$	0.49		$	2.05		$	0.46		$	0.50		$	0.58		$	0.51

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 3

BCE Consolidated ⁽¹⁾
Segmented Data


	Q2			Q2									YTD			YTD
($ millions, except where otherwise indicated)	2006			2005			$ change			% change			2006			2005			$ change			% change

Revenues
Residential		1,900			1,890			10			0.5	%		3,769			3,746			23			0.6	%
Business		1,530			1,499			31			2.1	%		3,039			2,977			62			2.1	%
Aliant		534			518			16			3.1	%		1,079			1,042			37			3.6	%
Other Bell Canada		460			485			(25	)		(5.2	%)		934			964			(30	)		(3.1	%)
Inter-segment eliminations		(128	)		(134	)		6			4.5	%		(255	)		(262	)		7			2.7	%

Total Bell Canada		4,296			4,258			38			0.9	%		8,566			8,467			99			1.2	%
Other BCE
Bell Globemedia		431			399			32			8.0	%		825			755			70			9.3	%

Advertising		318			300			18			6.0	%		603			561			42			7.5	%
Subscriber		87			78			9			11.5	%		173			155			18			11.6	%
Production and Sundry		26			21			5			23.8	%		49			39			10			25.6	%

Telesat		120			137			(17	)		(12.4	%)		238			245			(7	)		(2.9	%)
Other		18			24			(6	)		(25.0	%)		30			35			(5	)		(14.3	%)

Total Other BCE		569			560			9			1.6	%		1,093			1,035			58			5.6	%
Inter-segment eliminations		(62	)		(61	)		(1	)		(1.6	%)		(122	)		(115	)		(7	)		(6.1	%)

Total revenues		4,803			4,757			46			1.0	%		9,537			9,387			150			1.6	%

Operating income
Residential		510			552			(42	)		(7.6	%)		1,013			1,078			(65	)		(6.0	%)
Business		199			221			(22	)		(10.0	%)		404			461			(57	)		(12.4	%)
Aliant		102			99			3			3.0	%		196			186			10			5.4	%
Other Bell Canada		83			109			(26	)		(23.9	%)		131			238			(107	)		(45.0	%)

Total Bell Canada		894			981			(87	)		(8.9	%)		1,744			1,963			(219	)		(11.2	%)
Other BCE
Bell Globemedia		78			95			(17	)		(17.9	%)		123			159			(36	)		(22.6	%)
Telesat		39			43			(4	)		(9.3	%)		78			80			(2	)		(2.5	%)
Other		(31	)		(32	)		1			3.1	%		(58	)		(72	)		14			19.4	%

Total Other BCE		86			106			(20	)		(18.9	%)		143			167			(24	)		(14.4	%)

Total operating income		980			1,087			(107	)		(9.8	%)		1,887			2,130			(243	)		(11.4	%)


Capital expenditures ⁽⁴⁾
Residential		344			394			50			12.7	%		595			735			140			19.0	%
Business		194			246			52			21.1	%		325			442			117			26.5	%
Aliant		104			104			—			0.0	%		184			186			2			1.1	%
Other Bell Canada		125			103			(22	)		(21.4	%)		201			150			(51	)		(34.0	%)

Total Bell Canada		767			847			80			9.4	%		1,305			1,513			208			13.7	%
Other BCE
Telesat		86			53			(33	)		(62.3	%)		129			107			(22	)		(20.6	%)
Other		22			5			(17	)		n.m.			34			9			(25	)		n.m.

Total capital expenditures		875			905			30			3.3	%		1,468			1,629			161			9.9	%

n.m. : not meaningful

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 4


		BCE Consolidated ⁽¹⁾ Segmented Data — Historical Trend


	YTD									Total
($ millions, except where otherwise indicated)	2006			Q2 06			Q1 06			2005			Q4 05			Q3 05			Q2 05			Q1 05

Revenues
Residential		3,769			1,900			1,869			7,599			1,924			1,929			1,890			1,856
Business		3,039			1,530			1,509			6,120			1,627			1,516			1,499			1,478
Aliant		1,079			534			545			2,097			535			520			518			524
Other Bell Canada		934			460			474			1,958			494			500			485			479
Inter-segment eliminations		(255	)		(128	)		(127	)		(524	)		(123	)		(139	)		(134	)		(128	)

Total Bell Canada		8,566			4,296			4,270			17,250			4,457			4,326			4,258			4,209
Other BCE
Bell Globemedia		825			431			394			1,555			465			335			399			356

Advertising		603			318			285			1,148			354			233			300			261
Subscriber		173			87			86			320			86			79			78			77
Production and Sundry		49			26			23			87			25			23			21			18

Telesat		238			120			118			475			118			112			137			108
Other		30			18			12			63			13			15			24			11

Total Other BCE		1,093			569			524			2,093			596			462			560			475
Inter-segment eliminations		(122	)		(62	)		(60	)		(238	)		(67	)		(56	)		(61	)		(54	)

Total revenues		9,537			4,803			4,734			19,105			4,986			4,732			4,757			4,630


Operating income
Residential		1,013			510			503			2,001			444			479			552			526
Business		404			199			205			910			236			213			221			240
Aliant		196			102			94			396			105			105			99			87
Other Bell Canada		131			83			48			448			99			111			109			129

Total Bell Canada		1,744			894			850			3,755			884			908			981			982
Other BCE
Bell Globemedia		123			78			45			289			101			29			95			64
Telesat		78			39			39			157			34			43			43			37
Other		(58	)		(31	)		(27	)		(153	)		(40	)		(41	)		(32	)		(40	)

Total Other BCE		143			86			57			293			95			31			106			61

Total operating income		1,887			980			907			4,048			979			939			1,087			1,043


Capital expenditures ⁽⁴⁾
Residential		595			344			251			1,519			350			434			394			341
Business		325			194			131			897			206			249			246			196
Aliant		184			104			80			363			77			100			104			82
Other Bell Canada		201			125			76			343			103			90			103			47

Total Bell Canada		1,305			767			538			3,122			736			873			847			666
Other BCE
Telesat		129			86			43			260			62			91			53			54
Other		34			22			12			46			33			4			5			4

Total capital expenditures		1,468			875			593			3,428			831			968			905			724

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 5


		BCE Consolidated ⁽¹⁾ Consolidated Balance Sheet Data


	June 30			March 31			December 31
($ millions, except where otherwise indicated)	2006			2006			2005

*ASSETS*
Current assets
Cash and cash equivalents		112			878			363
Accounts receivable		1,975			1,726			1,766
Other current assets		1,195			1,192			1,142
Current assets of discontinued operations		—			—			402

Total current assets		3,282			3,796			3,673
Capital assets		22,174			22,062			22,062
Other long-term assets		2,743			2,776			2,914
Indefinite-life intangible assets		3,035			3,031			3,031
Goodwill		7,922			7,902			7,887
Non-current assets of discontinued operations		219			318			1,063

Total assets		39,375			39,885			40,630

*LIABILITIES*
Current liabilities
Accounts payable and accrued liabilities		3,169			3,054			3,435
Interest payable		174			265			182
Dividends payable		313			322			343
Debt due within one year		1,308			1,210			1,373
Current liabilities of discontinued operations		1			88			281

Total current liabilities		4,965			4,939			5,614
Long-term debt		12,943			12,978			12,119
Other long-term liabilities		4,875			4,972			5,028
Non-current liabilities of discontinued operations		—			—			250

Total liabilities		22,783			22,889			23,011

Non-controlling interest		2,453			2,633			2,898

*SHAREHOLDERS’ EQUITY*
Preferred shares		1,670			1,670			1,670

Common shareholders’ equity
Common shares		16,159			16,467			16,806
Treasury stock		—			(62	)		—
Contributed surplus		1,019			1,036			1,081
Deficit		(4,706	)		(4,747	)		(4,763	)
Currency translation adjustment		(3	)		(1	)		(73	)

Total common shareholders’ equity		12,469			12,693			13,051

Total shareholders’ equity		14,139			14,363			14,721

Total liabilities and shareholders’ equity		39,375			39,885			40,630


Number of common shares outstanding ^{(A) (B)}		891.4			906.2			927.3


Total Net Debt		14,139			13,310			13,129
Total Capitalization		30,731			30,306			30,748

Key ratios

Net debt : Total Capitalization		46.0	%		43.9	%		42.7	%
Net debt : Trailing 12 month EBITDA		1.86			1.75			1.73
EBITDA : Interest (trailing 12 month)		7.64			7.70			7.74


^(A)		Excludes 2.2 million of treasury stock in the March 31, 2006 balance

^(B)		As a result of the BCE Inc. Plan of Arrangement on July 10, 2006, the total number of BCE Inc. common shares issued and outstanding on that date was 815.6 million.

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 6


		BCE Consolidated Consolidated Cash Flow Data


	Q2			Q2						YTD			YTD
($ millions, except where otherwise indicated)	2006			2005			$ change			2006			2005			$ change

Cash flows from operating activities
Earnings from continuing operations		459			570			(111	)		872			1,049			(177	)
Adjustments to reconcile earnings from continuing operations to cash flows from operating activities:
Amortization expense		802			776			26			1,568			1,537			31
Net benefit plans cost		141			104			37			283			207			76
Restructuring and other items		50			5			45			138			1			137
Net gains on investments		—			(32	)		32			(2	)		(34	)		32
Future income taxes		122			63			59			322			170			152
Non-controlling interest		52			73			(21	)		105			136			(31	)
Contributions to employee pension plans		(46	)		(34	)		(12	)		(83	)		(128	)		45
Other employee future benefit plan payments		(23	)		(22	)		(1	)		(48	)		(45	)		(3	)
Payments of restructuring and other items		(34	)		(28	)		(6	)		(71	)		(129	)		58
Operating assets and liabilities		(191	)		(72	)		(119	)		(812	)		(445	)		(367	)

		1,332			1,403			(71	)		2,272			2,319			(47	)


Capital expenditures		(875	)		(905	)		30			(1,468	)		(1,629	)		161
Other investing activities		(15	)		(10	)		(5	)		(23	)		(25	)		2
Cash dividends paid on preferred shares		(20	)		(22	)		2			(41	)		(43	)		2
Cash dividends paid by subsidiaries to non-controlling interest		(56	)		(60	)		4			(117	)		(110	)		(7	)


Free Cash Flow from operations, before common dividends ⁽²⁾		366			406			(40	)		623			512			111
Cash dividends paid on common shares		(302	)		(305	)		3			(607	)		(583	)		(24	)


Free Cash Flow from operations, after common dividends ⁽²⁾		64			101			(37	)		16			(71	)		87
Business acquisitions		(12	)		(35	)		23			(39	)		(122	)		83
Bell Aliant		(51	)		—			(51	)		(73	)		—			(73	)
Increase in investments		(105	)		(13	)		(92	)		(119	)		(141	)		22
Decrease in investments		13			5			8			64			7			57

Free Cash Flow after investments and divestitures		(91	)		58			(149	)		(151	)		(327	)		176


Other financing activities
Increase in notes payable and bank advances		227			341			(114	)		169			186			(17	)
Issue of long-term debt		318			205			113			1,413			990			423
Repayment of long-term debt		(559	)		(719	)		160			(1,046	)		(773	)		(273	)
Issue of common shares		1			4			(3	)		2			13			(11	)
Repurchase of common shares		(469	)		—			(469	)		(994	)		—			(994	)
Issue of equity securities by subsidiaries to non-controlling interest		10			—			10			13			—			13
Redemption of equity securities by subsidiaries from non-controlling interest		(255	)		(21	)		(234	)		(255	)		(38	)		(217	)
Return of capital by subsidiary to non-controlling interest		—			—			—			(279	)		—			(279	)
Other financing activities		(16	)		(18	)		2			(41	)		(32	)		(9	)

		(743	)		(208	)		(535	)		(1,018	)		346			(1,364	)

Cash provided by (used in) continuing operations		(834	)		(150	)		(684	)		(1,169	)		19			(1,188	)
Cash provided by (used in) discontinued operations		68			4			64			836			(19	)		855

Net decrease in cash and cash equivalents		(766	)		(146	)		(620	)		(333	)		—			(333	)
Cash and cash equivalents at beginning of period		878			526			352			445			380			65

Cash and cash equivalents at end of period		112			380			(268	)		112			380			(268	)

Consists of:
Cash and cash equivalents of continuing operations		112			332			(220	)		112			332			(220	)
Cash and cash equivalents of discontinued operations		—			48			(48	)		—			48			(48	)

Total		112			380			(268	)		112			380			(268	)

Other information
Capital expenditures as a percentage of revenues		18.2	%		19.0	%	0.8		pts		15.4	%		17.4	%	2.0		pts
Cash flow per share ⁽⁵⁾	$	0.51		$	0.54		$	(0.03	)	$	0.89		$	0.74		$	0.15
Annualized cash flow yield ⁽⁶⁾		6.2	%		6.0	%	0.2		pts		5.3	%		3.8	%	1.5		pts
Common dividend payout		63.4	%		54.2	%	9.2		pts		63.7	%		56.2	%	7.5		pts

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 7


		BCE Consolidated Consolidated Cash Flow Data — Historical Trend


	YTD									Total
($ millions, except where otherwise indicated)	2006			Q2 06			Q1 06			2005			Q4 05			Q3 05			Q2 05			Q1 05

Cash flows from operating activities
Earnings from continuing operations		872			459			413			1,915			418			448			570			479
Adjustments to reconcile earnings from continuing operations to cash flows from operating activities:
Amortization expense		1,568			802			766			3,114			791			786			776			761
Net benefit plans cost		283			141			142			380			65			108			104			103
Restructuring and other items		138			50			88			55			23			31			5			(4	)
Net (gains) losses on investments		(2	)		—			(2	)		(33	)		1			—			(32	)		(2	)
Future income taxes		322			122			200			746			465			111			63			107
Non-controlling interest		105			52			53			267			74			57			73			63
Contributions to employee pension plans		(83	)		(46	)		(37	)		(226	)		(65	)		(33	)		(34	)		(94	)
Other employee future benefit plan payments		(48	)		(23	)		(25	)		(93	)		(24	)		(24	)		(22	)		(23	)
Payments of restructuring and other items		(71	)		(34	)		(37	)		(176	)		(23	)		(24	)		(28	)		(101	)
Operating assets and liabilities		(812	)		(191	)		(621	)		(390	)		(140	)		195			(72	)		(373	)

		2,272			1,332			940			5,559			1,585			1,655			1,403			916

Capital expenditures		(1,468	)		(875	)		(593	)		(3,428	)		(831	)		(968	)		(905	)		(724	)
Other investing activities		(23	)		(15	)		(8	)		4			32			(3	)		(10	)		(15	)
Cash dividends paid on preferred shares		(41	)		(20	)		(21	)		(86	)		(22	)		(21	)		(22	)		(21	)
Cash dividends paid by subsidiaries to non-controlling interest		(117	)		(56	)		(61	)		(192	)		(35	)		(47	)		(60	)		(50	)


Free Cash Flow from operations, before common dividends ⁽²⁾		623			366			257			1,857			729			616			406			106
Cash dividends paid on common shares		(607	)		(302	)		(305	)		(1,195	)		(306	)		(306	)		(305	)		(278	)


Free Cash Flow from operations, after common dividends ⁽²⁾		16			64			(48	)		662			423			310			101			(172	)
Business acquisitions		(39	)		(12	)		(27	)		(228	)		(50	)		(56	)		(35	)		(87	)
Bell Aliant		(73	)		(51	)		(22	)		—			—			—			—			—
Increase in investments		(119	)		(105	)		(14	)		(233	)		(17	)		(75	)		(13	)		(128	)
Decrease in investments		64			13			51			19			12			—			5			2

Free Cash Flow after investments and divestitures		(151	)		(91	)		(60	)		220			368			179			58			(385	)


Other financing activities
Increase (decrease) in notes payable and bank advances		169			227			(58	)		(66	)		(187	)		(65	)		341			(155	)
Issue of long-term debt		1,413			318			1,095			1,190			—			200			205			785
Repayment of long-term debt		(1,046	)		(559	)		(487	)		(1,178	)		(196	)		(209	)		(719	)		(54	)
Issue of common shares		2			1			1			25			—			12			4			9
Repurchase of common shares		(994	)		(469	)		(525	)		—			—			—			—			—
Issue of equity securities by subsidiaries to non-controlling interest		13			10			3			1			—			1			—			—
Redemption of equity securities by subsidiaries from non-controlling interest		(255	)		(255	)		—			(78	)		(18	)		(22	)		(21	)		(17	)
Return of capital by subsidiary to non-controlling interest		(279	)		—			(279	)		—			—			—			—			—
Other financing activities		(41	)		(16	)		(25	)		(64	)		(19	)		(13	)		(18	)		(14	)

		(1,018	)		(743	)		(275	)		(170	)		(420	)		(96	)		(208	)		554

Cash provided by (used in) continuing operations		(1,169	)		(834	)		(335	)		50			(52	)		83			(150	)		169
Cash provided by (used in) discontinued operations		836			68			768			15			22			12			4			(23	)

Net increase (decrease) in cash and cash equivalents		(333	)		(766	)		433			65			(30	)		95			(146	)		146
Cash and cash equivalents at beginning of period		445			878			445			380			475			380			526			380

Cash and cash equivalents at end of period		112			112			878			445			445			475			380			526

Consists of:
Cash and cash equivalents of continuing operations		112			112			878			363			363			415			332			482
Cash and cash equivalents of discontinued operations		—			—			—			82			82			60			48			44

Total		112			112			878			445			445			475			380			526

Other information
Capital expenditures as a percentage of revenues		15.4	%		18.2	%		12.5	%		17.9	%		16.7	%		20.5	%		19.0	%		15.6	%
Cash flow per share ⁽⁵⁾	$	0.89		$	0.51		$	0.38		$	2.30		$	0.81		$	0.74		$	0.54		$	0.21
Annualized cash flow yield ⁽⁶⁾		5.3	%		6.2	%		4.0	%		7.2	%		11.3	%		8.3	%		6.0	%		1.5	%
Common dividend payout		63.7	%		63.4	%		63.9	%		63.2	%		74.1	%		69.4	%		54.2	%		58.6	%

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 8


		Proportionate Net Debt, Preferreds and EBITDA

BCE Consolidated Net debt and preferreds


	BELL CANADA															BCE
At June 30, 2006										Inter-						Bell Canada											BCE
	Bell Canada						Bell Canada			company			Total			(excl. Aliant)						Bell					Corporate			BCE
($ millions, except where otherwise indicated)	(excl. Aliant)			Aliant			Consolidated			eliminations			Bell Canada			less elims.			Aliant			Globemedia		Telesat			& Other			Consolidated

Cash and cash equivalents		(26	)		(72	)		(98	)					(98	)		(26	)		(72	)		24		(24	)		(14	)		(112	)
Debt due within one year		1,492			8			1,500			(636	)		864			856			8			—		8			436			1,308
Long-term debt		8,840			1,055			9,895			(304	)		9,591			8,536			1,055			1,375		194			1,783			12,943

Net debt ^{A C}		10,306			991			11,297			(940	)		10,357			9,366			991			1,399		178			2,205			14,139
Preferred shares — Bell Canada ⁽⁸⁾		1,100						1,100						1,100			1,100														1,100
Preferred Shares — Telesat ⁽⁸⁾																									50						50
Perpetual Preferred shares — BCE																												1,670			1,670

Net debt and preferreds		11,406			991			12,397			(940	)		11,457			10,466			991			1,399		228			3,875			16,959

Proportionate net debt and preferreds, Trailing EBITDA


For the quarter ended June 30, 2006	%			Proportionate
	owned			net debt and		TOTAL EBITDA															PROPORTIONATE EBITDA
($ millions, except where otherwise indicated)	by BCE			preferreds		Q2 06			Q1 06			Q4 05			Q3 05			Trailing			Q2 06			Q1 06			Q4 05			Q3 05			Trailing

Bell Canada (excluding Aliant) less elims		100	%		10,466		1,633			1,598			1,504			1,578			6,313			1,633			1,598			1,504			1,578			6,313
Aliant		53.2	%		527		224			220			225			226			895			119			117			120			120			476

Total Bell Canada Consolidated					10,993		1,857			1,818			1,729			1,804			7,208			1,752			1,715			1,624			1,698			6,789
Other BCE
Bell Globemedia ^B		68.5	%		900		97			62			120			46			325			58			36			73			23			190
Telesat		100	%		228		70			70			65			70			275			70			70			65			70			275
Corporate and other ^C		100	%		3,875		(27	)		(26	)		(36	)		(36	)		(125	)		(27	)		(26	)		(36	)		(36	)		(125	)

Total Other BCE					5,003		140			106			149			80			475			101			80			102			57			340
Inter-segment eliminations					—		(24	)		(21	)		(20	)		(20	)		(85	)		(24	)		(21	)		(20	)		(20	)		(85	)

Total					15,996		1,973			1,903			1,858			1,864			7,598			1,829			1,774			1,706			1,735			7,044

^A Includes 100% of subsidiary debt

^B Proportionate amounts not equal to statutory ownership due to impact of non-controlling interest

^C BCE Corporate & Other total net debt includes a PPA ⁽⁷⁾ fair value increment of $93 million

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 9


		Bell Canada Consolidated ⁽¹⁾ Operational Data


	Q2			Q2									YTD			YTD
($ millions, except where otherwise indicated)	2006			2005			$ change			% change			2006			2005			$ change			% change

Revenues
Local and access		1,312			1,368			(56	)		(4.1	%)		2,623			2,736			(113	)		(4.1	%)
Long distance		456			518			(62	)		(12.0	%)		912			1,056			(144	)		(13.6	%)
Wireless		857			771			86			11.2	%		1,661			1,484			177			11.9	%
Data		1,003			966			37			3.8	%		2,004			1,917			87			4.5	%
Video		286			236			50			21.2	%		563			457			106			23.2	%
Terminal sales and other		382			399			(17	)		(4.3	%)		803			817			(14	)		(1.7	%)

Total operating revenues		4,296			4,258			38			0.9	%		8,566			8,467			99			1.2	%
Operating expenses		(2,439	)		(2,419	)		(20	)		(0.8	%)		(4,891	)		(4,813	)		(78	)		(1.6	%)


EBITDA ⁽²⁾		1,857			1,839			18			1.0	%		3,675			3,654			21			0.6	%

*EBITDA margin (%)* ⁽³⁾		*43.2*	%		43.2	%				0.0		pts		*42.9*	%		43.2	%				(0.3		)pts

Amortization expense		(778	)		(746	)		(32	)		(4.3	%)		(1,517	)		(1,478	)		(39	)		(2.6	%)
Net benefit plans cost		(137	)		(107	)		(30	)		(28.0	%)		(279	)		(213	)		(66	)		(31.0	%)
Restructuring and other items		(48	)		(5	)		(43	)		n.m.			(135	)		—			(135	)		n.m.

Operating income		894			981			(87	)		(8.9	%)		1,744			1,963			(219	)		(11.2	%)
Other income (expense)		(32	)		13			(45	)		n.m.			(33	)		24			(57	)		n.m.
Interest expense		(199	)		(206	)		7			3.4	%		(403	)		(412	)		9			2.2	%

Pre-tax earnings		663			788			(125	)		(15.9	%)		1,308			1,575			(267	)		(17.0	%)
Income taxes		(165	)		(178	)		13			7.3	%		(296	)		(407	)		111			27.3	%
Non-controlling interest		(25	)		(17	)		(8	)		(47.1	%)		(51	)		(33	)		(18	)		(54.5	%)

Net Earnings		473			593			(120	)		(20.2	%)		961			1,135			(174	)		(15.3	%)
Dividends on preferred shares		(13	)		(13	)		—			0.0	%		(27	)		(27	)		—			0.0	%

Net earnings applicable to common shares		460			580			(120	)		(20.7	%)		934			1,108			(174	)		(15.7	%)


Other information

Cash flow information

Free Cash Flow (FCF) ⁽²⁾
Cash from operating activities		1,401			1,467			(66	)		(4.5	%)		2,361			2,327			34			1.5	%
Capital expenditures		(767	)		(847	)		80			9.4	%		(1,305	)		(1,513	)		208			13.7	%
Dividends and distributions		(454	)		(453	)		(1	)		(0.2	%)		(952	)		(875	)		(77	)		(8.8	%)
Other investing items		(9	)		4			(13	)		n.m.			(11	)		—			(11	)		n.m.

Total		171			171			—			0.0	%		93			(61	)		154			n.m.


Capital expenditures as a percentage of revenues (%)		17.9	%		19.9	%				2.0		pts		15.2	%		17.9	%				2.7		pts

	June 30			Dec. 31
Balance Sheet Information		2006			2005

Net Debt
Long-term debt		9,895			10,177
Debt due within one year		1,500			836
Less: Cash and cash equivalents		(98	)		(233	)

Total Net Debt		11,297			10,780
Non-controlling interest		1,028			1,212
Total shareholders’ equity		10,280			10,135

Total Capitalization		22,605			22,127


Net Debt: Total Capitalization		50.0	%		48.7	%
Net Debt: Trailing 12 month EBITDA		1.57			1.50
EBITDA : Interest (trailing 12 month)		8.81			8.69

n.m. : not meaningful

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 10


		Bell Canada Consolidated ⁽¹⁾ Operational Data — Historical Trend


	YTD									Total
($ millions, except where otherwise indicated)	2006			Q2 06			Q1 06			2005			Q4 05			Q3 05			Q2 05			Q1 05

Revenues
Local and access		2,623			1,312			1,311			5,446			1,343			1,367			1,368			1,368
Long distance		912			456			456			2,044			478			510			518			538
Wireless		1,661			857			804			3,097			812			801			771			713
Data		2,004			1,003			1,001			4,015			1,097			1,001			966			951
Video		563			286			277			976			268			251			236			221
Terminal sales and other		803			382			421			1,672			459			396			399			418

Total operating revenues		8,566			4,296			4,270			17,250			4,457			4,326			4,258			4,209
Operating expenses		(4,891	)		(2,439	)		(2,452	)		(10,063	)		(2,728	)		(2,522	)		(2,419	)		(2,394	)


EBITDA ⁽²⁾		3,675			1,857			1,818			7,187			1,729			1,804			1,839			1,815

*EBITDA margin (%)* ⁽³⁾		*42.9*	%		*43.2*	%		42.6	%		41.7	%		38.8	%		41.7	%		43.2	%		43.1	%

Amortization expense		(1,517	)		(778	)		(739	)		(2,989	)		(755	)		(756	)		(746	)		(732	)
Net benefit plans cost		(279	)		(137	)		(142	)		(389	)		(66	)		(110	)		(107	)		(106	)
Restructuring and other items		(135	)		(48	)		(87	)		(54	)		(24	)		(30	)		(5	)		5

Operating income		1,744			894			850			3,755			884			908			981			982
Other income (expense)		(33	)		(32	)		(1	)		39			—			15			13			11
Interest expense		(403	)		(199	)		(204	)		(827	)		(208	)		(207	)		(206	)		(206	)

Pre-tax earnings		1,308			663			645			2,967			676			716			788			787
Income taxes		(296	)		(165	)		(131	)		(743	)		(138	)		(198	)		(178	)		(229	)
Non-controlling interest		(51	)		(25	)		(26	)		(71	)		(22	)		(16	)		(17	)		(16	)

Net Earnings (loss)		961			473			488			2,153			516			502			593			542
Dividends on preferred shares		(27	)		(13	)		(14	)		(55	)		(14	)		(14	)		(13	)		(14	)

Net earnings applicable to common shares		934			460			474			2,098			502			488			580			528


Other information

Cash flow information

Free Cash Flow (FCF) ⁽²⁾
Cash from operating activities		2,361			1,401			960			5,508			1,630			1,551			1,467			860
Capital expenditures		(1,305	)		(767	)		(538	)		(3,122	)		(736	)		(873	)		(847	)		(666	)
Dividends and distributions		(952	)		(454	)		(498	)		(1,747	)		(404	)		(468	)		(453	)		(422	)
Other investing items		(11	)		(9	)		(2	)		5			1			4			4			(4	)

Total		93			171			(78	)		644			491			214			171			(232	)


Capital expenditures as a percentage of revenues (%)		15.2	%		17.9	%		12.6	%		18.1	%		16.5	%		20.2	%		19.9	%		15.8	%

				June 30			March 31			Dec. 31
Balance Sheet Information					2006			2006			2005

Net Debt
Long-term debt					9,895			9,955			10,177
Debt due within one year					1,500			1,806			836
Less: Cash and cash equivalents					(98	)		(686	)		(233	)

Total Net Debt					11,297			11,075			10,780
Non-controlling interest					1,028			1,215			1,212
Total shareholders’ equity					10,280			10,191			10,135

Total Capitalization					22,605			22,481			22,127


Net Debt: Total Capitalization					50.0	%		49.3	%		48.7	%
Net Debt : Trailing 12 month EBITDA					1.57			1.54			1.50
EBITDA : Interest (trailing 12 month)					8.81			8.72			8.69

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 11


		Bell Canada Consolidated ⁽¹⁾ Statistical Data


	Q2			Q2						YTD			YTD
	2006			2005			% change			2006			2005			% change

Wireline
Local
Network access services (k)
Residential		7,673			8,189			(6.3	%)		7,673			8,189			(6.3	%)
Business		4,635			4,538			2.1	%		4,635			4,538			2.1	%

Total		12,308			12,727			(3.3	%)		12,308			12,727			(3.3	%)

Long Distance (LD)
Conversation minutes (M)		4,589			4,667			(1.7	%)		9,171			9,255			(0.9	%)
Average revenue per minute ($)		0.093			0.101			(7.9	%)		0.093			0.104			(10.6	%)

Data

Internet subscribers ⁽⁹⁾ (k)
High Speed Internet net activations (k)		47			92			(48.9	%)		118			220			(46.4	%)

High Speed Internet subscribers (k)		2,313			2,028			14.1	%		2,313			2,028			14.1	%
Dial-up Internet subscribers (k)		552			666			(17.1	%)		552			666			(17.1	%)

		2,865			2,694			6.3	%		2,865			2,694			6.3	%

Wireless
Cellular & PCS net activations (k)
Pre-paid		(16	)		29			n.m			5			71			(93.0	%)
Post-paid		106			117			(9.4	%)		144			112			28.6	%

		90			146			(38.4	%)		149			183			(18.6	%)

Cellular & PCS subscribers (k)
Pre-paid		1,433			1,272			12.7	%		1,433			1,272			12.7	%
Post-paid		4,157			3,836			8.4	%		4,157			3,836			8.4	%

		5,590			5,108			9.4	%		5,590			5,108			9.4	%

Average revenue per unit (ARPU) ($/month)		51			50			2.0	%		49			48			2.1	%
Pre-paid		14			16			(12.5	%)		13			13			0.0	%
Post-paid		63			61			3.3	%		62			59			5.1	%

Churn (%) (average per month)		1.6	%		1.6	%	0.0		pts		1.6	%		1.6	%	0.0		pts
Pre-paid		3.2	%		2.1	%	(1.1		)pts		2.9	%		2.2	%	(0.7		)pts
Post-paid		1.1	%		1.4	%	0.3		pts		1.2	%		1.5	%	0.3		pts

Usage per subscriber (min/month)		270			262			3.1	%		263			247			6.5	%
Cost of acquisition (COA) ⁽¹⁰⁾($/sub)		419			401			(4.5	%)		407			389			(4.6	%)
Wireless EBITDA ( $ millions)		367			333			10.2	%		722			633			14.1	%
Wireless EBITDA margin ⁽¹¹⁾		41.8	%		42.4	%	(0.6		) pts		42.4	%		41.9	%	0.5		pts
Wireless capital expenditures ($ millions)		98			118			16.9	%		167			182			8.2	%
Wireless capital expenditures as a percentage of revenue		11.4	%		15.3	%	3.9		pts		10.0	%		12.3	%	2.3		pts

Paging subscribers (k)		314			385			(18.4	%)		314			385			(18.4	%)
Paging average revenue per unit ($/month)		10			10			0.0	%		10			13			(23.1	%)

Video (DTH and VDSL)

Total subscribers (k)		1,758			1,595			10.2	%		1,758			1,595			10.2	%
Net subscriber activations (k)		19			63			(69.8	%)		31			92			(66.3	%)
ARPU ($/month)		54			50			8.0	%		53			49			8.2	%
Video EBITDA ($ millions)		66			6			n.m.			113			10			n.m.
Churn (%) (average per month)		1.0	%		0.9	%	(0.1		) pts		1.0	%		0.8	%	(0.2		) pts


n.m.	:	not meaningful

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 12


		Bell Canada Consolidated ⁽¹⁾ Statistical Data — Historical Trend

`


	YTD									Total
	2006			Q2 06			Q1 06			2005			Q4 05			Q3 05			Q2 05			Q1 05

Wireline
Local
Network access services (k)
Residential					7,673			7,842						7,985			8,133			8,189			8,332
Business					4,635			4,600						4,596			4,570			4,538			4,518

Total					12,308			12,442						12,581			12,703			12,727			12,850

Long Distance (LD)
Conversation minutes (M)		9,171			4,589			4,582			18,306			4,567			4,484			4,667			4,588
Average revenue per minute ($)		0.093			0.093			0.094			0.102			0.096			0.105			0.101			0.107

Data

Internet subscribers ⁽⁹⁾ (k)
High Speed Internet net activations (k)		118			47			71			387			61			106			92			128
High Speed Internet subscribers (k)					2,313			2,266						2,195			2,134			2,028			1,936
Dial-up Internet subscribers (k)					552			564						586			621			666			696

					2,865			2,830						2,781			2,755			2,694			2,632

Wireless
Cellular & PCS net activations (k)
Pre-paid		5			(16	)		21			227			83			73			29			42
Post-paid		144			106			38			289			127			50			117			(5	)

		149			90			59			516			210			123			146			37
Cellular & PCS subscribers (k)
Pre-paid					1,433			1,449						1,428			1,345			1,272			1,243
Post-paid					4,157			4,051						4,013			3,886			3,836			3,719

					5,590			5,500						5,441			5,231			5,108			4,962

Average revenue per unit (ARPU) ($/month)		49			51			48			49			51			51			50			46
Pre-paid		13			14			13			14			14			14			16			11
Post-paid		62			63			61			61			64			63			61			57

Churn (%) (average per month)		1.6	%		1.6	%		1.6	%		1.6	%		1.5	%		1.5	%		1.6	%		1.6	%
Pre-paid		2.9	%		3.2	%		2.5	%		1.9	%		2.2	%		1.6	%		2.1	%		1.8	%
Post-paid		1.2	%		1.1	%		1.3	%		1.4	%		1.3	%		1.5	%		1.4	%		1.6	%

Usage per subscriber (min/month)		263			270			249			255			261			265			262			232
Cost of acquisition (COA) ⁽¹⁰⁾($/sub)		407			419			394			406			409			432			401			373
Wireless EBITDA ( $ millions)		722			367			355			1,307			311			363			333			300
Wireless EBITDA margin (11)		42.4	%		41.8	%		43.0	%		41.2	%		37.1	%		44.0	%		42.4	%		41.4	%
Wireless capital expenditures ($ millions)		167			98			69			343			58			103			118			64
Wireless capital expenditures as a percentage of revenue		10.0	%		11.4	%		8.6	%		11.1	%		7.1	%		12.9	%		15.3	%		9.0	%

Paging subscribers (k)					314			328						347			364			385			404
Paging average revenue per unit ($/month)		10			10			10			11			10			10			10			15

Video (DTH and VDSL)

Total subscribers (k)					1,758			1,739						1,727			1,677			1,595			1,532
Net subscriber activations (k)		31			19			12			224			50			82			63			29
ARPU ($/month)		53			54			53			50			52			51			50			48
Video EBITDA ($ millions)		113			66			47			45			23			12			6			4
Churn (%) (average per month)		1.0	%		1.0	%		0.9	%		0.9	%		1.0	%		1.0	%		0.9	%		0.8	%

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 13


		Accompanying Notes

(1)		We have reclassified some of the figures for the comparative period to make them consistent with the current period’s presentation.

(2)		Non-GAAP Financial Measures

		EBITDA

		The term, EBITDA (earnings before interest, taxes, depreciation and amortization), does not have any standardized meaning prescribed by Canadian generally accepted accounting principles (GAAP). It is therefore unlikely to be comparable to similar measures presented by other companies. EBITDA is presented on a consistent basis from period to period.

		We define EBITDA as operating revenues less operating expenses, which means it represents operating income before amortization expense, net benefit plans cost, and restructuring and other items.

		We use EBITDA, among other measures, to assess the operating performance of our ongoing businesses without the effects of amortization expense, net benefit plans cost, and restructuring and other items. We exclude amortization expense and net benefit plans cost because they largely depend on the accounting methods and assumptions a company uses, as well as non-operating factors, such as the historical cost of capital assets and the fund performance of a company’s pension plans. We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis trends in business performance. Excluding restructuring and other items does not imply they are necessarily non-recurring.

		EBITDA allows us to compare our operating performance on a consistent basis. We believe that certain investors and analysts use EBITDA to measure a company’s ability to service debt and to meet other payment obligations, or as a common valuation measurement in the telecommunications industry.

		EBITDA should not be confused with net cash flows from operating activities. The most comparable Canadian GAAP financial measure is operating income.

		EPS before restructuring and other items, net gains on investments and costs incurred to form the Bell Aliant Regional Communications Income Fund (Bell Aliant)

		The term, EPS (earnings per share) before restructuring and other items, net gains on investments and costs incurred to form Bell Aliant, does not have any standardized meaning prescribed by GAAP. It is therefore unlikely to be comparable to similar measures presented by other companies.

		We use EPS before restructuring and other items, net gains on investments and costs incurred to form Bell Aliant, among other measures, to assess the operating performance of our ongoing businesses without the effects of after-tax restructuring and other items, net gains on investments and costs incurred to form Bell Aliant. We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. The exclusion of these items does not imply they are necessarily non-recurring.

		The most comparable Canadian GAAP financial measure is EPS.

		FREE CASH FLOW

		The term, free cash flow, does not have any standardized meaning prescribed by Canadian GAAP. It is therefore unlikely to be comparable to similar measures presented by other companies. Free cash flow is presented on a consistent basis from period to period, which allows us to compare our financial performance on a consistent basis.

		We define free cash flow as cash from operating activities after capital expenditures, total dividends and other investing activities.

		We consider free cash flow to be an important indicator of the financial strength and performance of our business because it shows how much cash is available to repay debt and to reinvest in our company. We believe that certain investors and analysts use free cash flow when valuing a business and its underlying assets.

		The most comparable Canadian GAAP financial measure is cash from operating activities.

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 14


		Accompanying Notes (continued)

(3)		EBITDA margin is calculated as follows:

		EBITDA

		Operating revenues

(4)		Effective Q2 2005 the total Wireless capital expenditures are segregated between the Residential and Business segments. Prior quarters have been restated accordingly.

(5)		Cash flow per share is calculated as follows:

		Cash flow from operations less capital expenditures

		Average number of common shares outstanding during the period

(6)		Annualized cash flow yield is calculated as follows:

		Free cash flow from operations before common dividends

		Number of common shares outstanding at end of period multiplied by share price at end of period

		Note: to annualize, multiply the most recent quarter’s resultant by 4.

(7)		Reflects an increase in the total Bell Canada debt as a result of the completion of the purchase price allocation (PPA) relating to the repurchase of SBC’s 20% interest in Bell Canada, which resulted in an increase in long-term debt of $165 million. This increase in long-term debt will be applied against interest expense ($3 million in Q2 2006) over the remaining terms of the related long-term debt.

(8)		At the Bell Canada Consolidated and BCE Consolidated level, Third Party Preferred Shares reflected in the financial statements of subsidiaries are included in non-controlling interest on the balance sheet.

(9)		High Speed Internet subscribers include Residential, Business and Wholesale. Dial-up Internet subscribers include Residential and Business.

(10)		Includes allocation of selling costs from Bell Canada and excludes costs of migrating from analog to digital. Cost of Acquisition (COA) per subscriber is reflected on a consolidated basis.

(11)		Wireless EBITDA margins are calculated based on total Wireless operating revenues (i.e. external revenues as shown on pages 10 and 11 plus inter-company revenues).

BCE Inc. Supplementary Financial Information — Second Quarter 2006 Page 15


BCE Investor Relations

Thane Fotopoulos	514-870-4619	thane.fotopoulos@bell.ca
Victoria Neal	514-870-8366	victoria.neal@bell.ca