Close X
Friday, November 29, 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

NDP leadership hopeful Appadurai shakes up race in B.C., but faces disqualification

NDP leadership hopeful Appadurai shakes up race in B.C., but faces disqualification
The former federal NDP candidate entered the contest to succeed retiring Premier John Horgan in August with promises of transformative change on environmental and social issues, but has yet to receive official approval of her candidacy.

NDP leadership hopeful Appadurai shakes up race in B.C., but faces disqualification

Richmond RCMP investigating 3 vehicle collision between BC Highway Patrol and Vancouver arson suspects

Richmond RCMP investigating 3 vehicle collision between BC Highway Patrol and Vancouver arson suspects
The driver of the commercial vehicle was transported to hospital for treatment of non-life threatening injuries.  Three occupants from the third vehicle involved were taken into custody. The circumstances leading up to the collision are still under investigation.

Richmond RCMP investigating 3 vehicle collision between BC Highway Patrol and Vancouver arson suspects

More Vancouver police to patrol soon: mayor-elect Sim

More Vancouver police to patrol soon: mayor-elect Sim
Ken Sim, who takes office Nov. 7, said Monday that adding the officers and the same number of mental-health nurses is one of the top priorities in his party's 94-point platform, alongside accelerating property permitting and making more daycare spaces available.

More Vancouver police to patrol soon: mayor-elect Sim

Man shot dead near University of B.C. golf course

Man shot dead near University of B.C. golf course
Sgt. Timothy Pierotti, with the Integrated Homicide Investigation Team, says they responded to shots fired Monday and found a man suffering from gunshot wounds who later died. While police have identified the victim, Pierotti says they won't be releasing more details about him, other than to say he is 38 years old.  

Man shot dead near University of B.C. golf course

Feds ask banks to help make carbon-price rebate deposits more clear

Feds ask banks to help make carbon-price rebate deposits more clear
Ottawa is trying to make the rebates more visible by sending them directly to people every three months rather than incorporating them into annual tax refunds. But when the first new deposits went out in July, most financial institutions dropped them into accounts with labels like "Canada Fed" or "EFT Credit Canada."

Feds ask banks to help make carbon-price rebate deposits more clear

More heat records in B.C., but rain is forecast

More heat records in B.C., but rain is forecast
The weather office says other records for the day were set along the south, central and north coasts, and through the central Interior and southeastern B.C. Many regions of the province have had no rain in October and no significant precipitation since early July, prompting severe drought conditions, but forecasters are calling for showers and possible snowflurries in Fort Nelson by Friday.  

More heat records in B.C., but rain is forecast