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

VPD searches for man who sucker-punched a woman

VPD searches for man who sucker-punched a woman
At 6:30 Wednesday evening, the 29-year-old woman was walking near Cambie and Pender streets when a man approached and suddenly lashed out. He punched her in the face, knocking her to the ground. The suspect was last seen running west on Dunsmuir Street.

VPD searches for man who sucker-punched a woman

Economy to slow considerably this year: PBO

Economy to slow considerably this year: PBO
In his latest economic and fiscal outlook, budget watchdog Yves Giroux says he expects the Bank of Canada to raise its key interest rate to four per cent by the end of the year, a move which is in line with financial markets' expectations.

Economy to slow considerably this year: PBO

Charges as men drugged, robbed while using escorts

Charges as men drugged, robbed while using escorts
Surrey RCMP says an investigation began after its community response unit linked multiple reports of victims being drugged and robbed. In one case in February 2021, a man died, allegedly after being given a substance during an encounter.

Charges as men drugged, robbed while using escorts

Drought and moths push Stanley Park trees to brink

Drought and moths push Stanley Park trees to brink
The trees of Stanley Park, typically the green jewel of Vancouver's downtown core, just can't catch a break. Experts say large numbers of browning trees appear dead or dying, because of a one-two combination of foliage-munching grubs and an exceptionally dry weather spell, with the last appreciable rain falling in Vancouver on Sept. 4.

Drought and moths push Stanley Park trees to brink

3 vehicle collision leaves one dead in Abbotsford

3 vehicle collision leaves one dead in Abbotsford
Upon arrival, emergency service workers located a three-vehicle collision. One of the drivers was found suffering from serious life-threatening injuries and was transported to the hospital, but sadly succumbed to his injuries.

3 vehicle collision leaves one dead in Abbotsford

Suspect arrested and charged following assault of teenager in Westminster Pier Park

Suspect arrested and charged following assault of teenager in Westminster Pier Park
The injuries sustained by the teenager required hospital treatment. Following a thorough investigation, police identified and arrested the suspect. 30-year-old Devin Monteleone of Burnaby, BC, has been charged with the assault causing bodily harm. 

Suspect arrested and charged following assault of teenager in Westminster Pier Park