Close X
Monday, November 25, 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

Horgan 'gained by listening' but fuse burns bright

Horgan 'gained by listening' but fuse burns bright
Horgan, 63, who has twice battled cancer, said last summer that health reasons were forcing him to retire after five years as premier, eight years as NDP leader and five terms as a member of the legislature. He leaves office as one of B.C.'s most popular premiers, whom pollsters consistently rank as one of the most popular leaders in Canada.

Horgan 'gained by listening' but fuse burns bright

Trial for B.C. mayor charged with public mischief

Trial for B.C. mayor charged with public mischief
McCallum ran his campaign against the backdrop of the charge laid last December, four months after he complained to the RCMP that a woman collecting signatures to keep the Mounties in Surrey ran over his foot outside a grocery store.

Trial for B.C. mayor charged with public mischief

NTSB seeks inspection of Canadian-made plane

NTSB seeks inspection of Canadian-made plane
The U.S. National Transportation Safety Board issued an urgent safety recommendation Thursday, calling on Transport Canada and the U.S. Federal Aviation Administration to require immediate inspections of De Havilland Canada DHC-3 airplanes, better known as the DHC-3 Otter.

NTSB seeks inspection of Canadian-made plane

Feds move toward stand-alone dental insurance

Feds move toward stand-alone dental insurance
Health Canada officials, who gave a briefing on the condition they not be named publicly, said that would help the government refine the program before hiring a company to do the work. The Liberals committed to some form of federal dental-care coverage for low-income Canadians in its March confidence and supply agreement with the New Democrats.

Feds move toward stand-alone dental insurance

Freeland's fiscal update coming Thursday

Freeland's fiscal update coming Thursday
The fiscal update, to be presented in the House of Commons, will also share the government's outlook for an economy facing high inflation and staring down a potential recession in the coming months.

Freeland's fiscal update coming Thursday

New storm bears down on coastal B.C.

New storm bears down on coastal B.C.
The incoming storm is also expected to deluge parts of Metro Vancouver, including Coquitlam and Maple Ridge, with more than 100 millimetres of rain before it eases late Sunday and the weather office says rainfall warnings are likely to be issued as the forecasts are refined.

New storm bears down on coastal B.C.