BlackBerry announced their third BB10 handset at BlackBerry Live in Orlando today. The budget friendly Q5 is expected to be their bet on the emerging markets as well as the youthful and fun sector that can't afford the $700 no contract price of the recently released Q10. The Q5 offers a less premium QWERTY keyboard BlackBerry 10 handset for the rest of us and while it might not have all the features of the flagship Q10, it is certain to be more than enough to replace those ageing BlackBerry Torch and Curve models of yesteryear. No date or pricing for Canada has been announced. Hit jump for the full PR from BlackBerry.