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

Recall against B.C. politician Harwinder Sandhu fails: Elections BC

Recall against B.C. politician Harwinder Sandhu fails: Elections BC
The British Columbia recall petition launched against Harwinder Sandhu, the member of the legislature for Vernon-Monashee, was a failure. Elections BC says in a statement the recall petition was not submitted by the Oct. 11 deadline under the Recall and Initiative Act.

Recall against B.C. politician Harwinder Sandhu fails: Elections BC

Aritzia earnings rise on online, in-person sales

Aritzia earnings rise on online, in-person sales
Retail experts have said Aritzia has successfully developed a faithful customer base in recent years, and that momentum is expected to continue. They said Aritzia is somewhere between luxury and fast-fashion, selling to middle-class and upper-middle-class consumers. Liza Amlani of Retail Strategy Group said the brand is seen as “aspirational” to many shoppers.

Aritzia earnings rise on online, in-person sales

Smith's comments on unvaccinated laughable: Horgan

Smith's comments on unvaccinated laughable: Horgan
Horgan, who will step down as B.C. premier later this year, made the comment in an interview with C-FAX Radio in Victoria. Danielle Smith was sworn in yesterday as Alberta's new premier after the United Conservative Party elected her in a leadership race to replace Jason Kenney as leader and premier.

Smith's comments on unvaccinated laughable: Horgan

Deaths of B.C. homeless people up by 75% in 2021

Deaths of B.C. homeless people up by 75% in 2021
A preliminary report released by the service shows there were 247 deaths of people experiencing homelessness last year. Chief coroner Lisa Lapointe says many homeless people are facing significant health concerns, including physical disabilities, mental-health challenges and substance-use issues.

Deaths of B.C. homeless people up by 75% in 2021

A male suspect assaulted a taxi driver with a beer bottle, Coquitlam RCMP need public's help in identifying the suspect

A male suspect assaulted a taxi driver with a beer bottle, Coquitlam RCMP need public's help in identifying the suspect
Coquitlam Front-line officers attended the area of Sunnyside Road and East Road in Anmore after a male suspect assaulted a taxi driver with a beer bottle. The male suspect hit the glass partition inside the taxi causing the glass to shattered.  

A male suspect assaulted a taxi driver with a beer bottle, Coquitlam RCMP need public's help in identifying the suspect

Teen stabbed multiple times in fight over vape pen

Teen stabbed multiple times in fight over vape pen
Several witnesses reported seeing two people fighting near a bus stop at Dunbar and West 41st Avenue around 8:30 p.m. When VPD officers responded, they located a 17-year-old suffering from a number of life-threatening wounds. The victim was bleeding profusely, and a VPD officer applied pressure to the wounds to stem the bleeding.

Teen stabbed multiple times in fight over vape pen