Close X
Saturday, November 30, 2024
ADVT 
National

MPs plan to probe Rogers-Shaw deal a second time

Darpan News Desk The Canadian Press, 13 Jan, 2023 05:09 PM
  • MPs plan to probe Rogers-Shaw deal a second time

OTTAWA - The House of Commons industry and technology committee is planning to initiate another study of the proposed Rogers-Shaw merger.

Conservative MP Rick Perkins and New Democrat MP Brian Masse confirmed to The Canadian Press that the committee plans to meet on Jan. 25 to review the proposed $26 billion transaction.

On Jan. 24, the Federal Court of Appeal will hear the Competition Bureau's appeal of a decision that cleared the way for Rogers Communication Inc.'s takeover of Shaw Communications Inc.

Masse told The Canadian Press that all political parties agreed to call the committee meeting.

Members of Parliament on the committee had previously reviewed the prospective merger in March and recommended against the transaction.

Now, they will conduct a second investigation into the deal, which has since changed to include the sale of Shaw-owned Freedom Mobile to Quebecor-owned Videotron Ltd.

Perkins said in an interview that Parliament should have the opportunity to review the deal as it now stands, since the study conducted in March was of a previous version of the proposed transaction.

To go ahead, the deal also still requires approval from Innovation, Science and Economic Development Canada.

And while that decision lies in the hands of Industry Minister François-Philippe Champagne, Perkins said the committee can provide "some useful perspective."

"We can look at this from a much broader perspective of whether or not we think competition is harmed at all by particular deal," he said.

Champagne has previously said he would not allow Rogers to acquire all of Shaw's wireless licences, suggesting the final approval for the merger would require concessions including the sale of Freedom.

The minister has also indicated he will make a decision only after there is clarity on the ongoing legal process.

MORE National ARTICLES

Identity fraud results in $5K purchase and an arrest in Surrey: Port Moody Police

Identity fraud results in $5K purchase and an arrest in Surrey: Port Moody Police
In June of  2022, a victim of identity fraud contacted Port Moody Police after discovering a credit card was opened in their name and a $5000 purchase had been made on said credit card. The investigator was able to trace the fraudulent transaction and identify suspect.  This lead the investigation to multiple properties in Surrey including a secure storage facility.

Identity fraud results in $5K purchase and an arrest in Surrey: Port Moody Police

Vancouver zoo's missing wolf Tempest found safe

Vancouver zoo's missing wolf Tempest found safe
The Greater Vancouver Zoo says in a statement the discovery of the one-year-old female canine known as Tempest puts an end to a three-day search and rescue operation.

Vancouver zoo's missing wolf Tempest found safe

Suspects use chop saws to cut open ATM and steal cash in Mission

Suspects use chop saws to cut open ATM and steal cash in Mission
On Thursday in the early morning hours of 3am, three suspects entered the Coop Gas Bar located 34900 block of Lougheed Hwy. The suspects used two chop saws to cut open the ATM and steal and undisclosed amount of cash.

Suspects use chop saws to cut open ATM and steal cash in Mission

Coquitlam RCMP appeal to public for video or witnesses to shooting

Coquitlam RCMP appeal to public for video or witnesses to shooting
No one was injured as a result of this shooting, but police are looking for more witnesses and, in particular, anyone who might have dashcam or surveillance video of any vehicles or people in the area at the time.

Coquitlam RCMP appeal to public for video or witnesses to shooting

Richmond RCMP investigating shots fired

Richmond RCMP investigating shots fired
Mounties believe that it was a targeted shooting. A dark coloured pickup truck was observed fleeing the scene and investigators have located an abandoned vehicle suspected of being involved in the incident in Surrey.

Richmond RCMP investigating shots fired

Overnight stabbing in Surrey leaves man dead: IHIT

Overnight stabbing in Surrey leaves man dead: IHIT
Frontline officers arrived on scene and located a 45-year-old man suffering from serious injuries. The man was transported to hospital where he later died of his injuries.

Overnight stabbing in Surrey leaves man dead: IHIT