SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                   -------------------------------------------



                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported):    March 30, 2005
                                                            ----------------

                          WaveRider Communications Inc.
               (Exact Name of Registrant as Specified in Charter)


            Nevada                      0-25680                33-0264030
 ----------------------------         ------------        ---------------------
 (State or other jurisdiction         (Commission             (IRS Employer
      of incorporation)               File Number)        Identification Number)


         255 Consumers Road, Suite 500, Toronto, Ontario, Canada M2J 1R4
               (Address of principal executive offices) (Zip Code)

                                 (416) 502-3200
              (Registrant's telephone number, including area code)



          (Former Name or Former Address, if Changed Since Last Report)



<PAGE>
Item 2.02 Results of Operations and Financial Condition.

         WaveRider Communications Inc. furnishes herewith, as Exhibit 99.1, a
press release announcing year-end 2004 results.

         The information in this Current Report on Form 8-K, including the
attached press release, is being furnished, and not filed, for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended. The information
in this Current Report on Form 8-K is not subject to the liabilities of Section
18 of the Securities Exchange Act of 1934, as amended. WaveRider Communications
Inc. does not intend the information in this Current Report on Form 8-K to be
incorporated by reference in any filing under the Securities Act of 1933, as
amended, except as expressly set forth by specific reference in such a filing.

         This Current Report on Form 8-K includes forward-looking statements
that reflect the registrant's current expectations about its future performance,
including statements concerning market investments, sales and earnings. These
forward-looking statements rely on a number of assumptions and estimates that
could be inaccurate and which are subject to risks and uncertainties. Actual
results could vary materially from those anticipated or expressed in any
forward-looking statement made by the registrant. Please refer to the
registrant's most recent Annual Report on Form 10-KSB and subsequent filings for
a further discussion of these risks and uncertainties. The registrant disclaims
any obligation or intent to update the forward-looking statements in order to
reflect events or circumstances after the date of this Current Report on Form
8-K.

Item 7.01 Regulation FD Disclosure.

A.   WaveRider Communications Inc. furnishes herewith, as Exhibit 99.1,
     furnishes herewith, as Exhibit 99.1, a news release announcing year-end
     2004 results.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits
99.1   News release of WaveRider Communications Inc., dated March 30, 2005,
       announcing year-end 2004 results (furnished and not filed).



                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                          WAVERIDER COMMUNICATIONS INC.



                            By: /s/ D. Bruce Sinclair
                                -------------------------------------------
                                D. Bruce Sinclair, Chief Executive Officer



Date:    March 30, 2005


<PAGE>


                                  Exhibit Index



Exhibit No.   Description
-----------   -----------
     99.1     Press Release dated March 30, 2005 entitled
              "WaveRider Communications Inc. reports year end financial results"
[{"type": "8-K", "sequence": "1", "filename": "main8kwaveresults.txt", "description": "FORM 8K FOR WAVERIDER COMMUNICATIONS", "secsgml_size_bytes": 4164}]
{"company-data": {"conformed-name": "WAVERIDER COMMUNICATIONS INC", "cik": "0000844053", "assigned-sic": "4813", "irs-number": "330264030", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-25680", "film-number": "05714305"}, "business-address": {"street1": "255 CONSUMERS ROAD SUITE 500", "street2": "TORONTO", "city": "ONTARIO CANADA", "state": "A6", "zip": "M2J 1R4", "phone": "4165023200"}, "mail-address": {"street1": "255 CONSUMERS ROAD SUITE 500", "street2": "TORONTO", "city": "ONTARIO CANADA", "state": "A6", "zip": "M2J 1R4"}, "former-company": [{"former-conformed-name": "CHANNEL I INC", "date-changed": "19950324"}, {"former-conformed-name": "CHANNEL I LTD", "date-changed": "19931119"}, {"former-conformed-name": "ATHENA VENTURES INC", "date-changed": "19920703"}]}
SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                   -------------------------------------------

                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported):    March 30, 2005
                                                            ----------------

                          WaveRider Communications Inc.
               (Exact Name of Registrant as Specified in Charter)

            Nevada                      0-25680                33-0264030
 ----------------------------         ------------        ---------------------
 (State or other jurisdiction         (Commission             (IRS Employer
      of incorporation)               File Number)        Identification Number)

         255 Consumers Road, Suite 500, Toronto, Ontario, Canada M2J 1R4
               (Address of principal executive offices) (Zip Code)

                                 (416) 502-3200
              (Registrant's telephone number, including area code)

          (Former Name or Former Address, if Changed Since Last Report)
Item 2.02 Results of Operations and Financial Condition.

         WaveRider Communications Inc. furnishes herewith, as Exhibit 99.1, a
press release announcing year-end 2004 results.

         The information in this Current Report on Form 8-K, including the
attached press release, is being furnished, and not filed, for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended. The information
in this Current Report on Form 8-K is not subject to the liabilities of Section
18 of the Securities Exchange Act of 1934, as amended. WaveRider Communications
Inc. does not intend the information in this Current Report on Form 8-K to be
incorporated by reference in any filing under the Securities Act of 1933, as
amended, except as expressly set forth by specific reference in such a filing.

         This Current Report on Form 8-K includes forward-looking statements
that reflect the registrant's current expectations about its future performance,
including statements concerning market investments, sales and earnings. These
forward-looking statements rely on a number of assumptions and estimates that
could be inaccurate and which are subject to risks and uncertainties. Actual
results could vary materially from those anticipated or expressed in any
forward-looking statement made by the registrant. Please refer to the
registrant's most recent Annual Report on Form 10-KSB and subsequent filings for
a further discussion of these risks and uncertainties. The registrant disclaims
any obligation or intent to update the forward-looking statements in order to
reflect events or circumstances after the date of this Current Report on Form
8-K.

Item 7.01 Regulation FD Disclosure.

A.   WaveRider Communications Inc. furnishes herewith, as Exhibit 99.1,
     furnishes herewith, as Exhibit 99.1, a news release announcing year-end
     2004 results.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits
99.1   News release of WaveRider Communications Inc., dated March 30, 2005,
       announcing year-end 2004 results (furnished and not filed).

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                          WAVERIDER COMMUNICATIONS INC.

                            By: /s/ D. Bruce Sinclair
                                -------------------------------------------
                                D. Bruce Sinclair, Chief Executive Officer

Date:    March 30, 2005
Exhibit Index

Exhibit No.   Description
-----------   -----------
     99.1     Press Release dated March 30, 2005 entitled
              "WaveRider Communications Inc. reports year end financial results"