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

B.C. to bring in new rules for mortgage brokers

B.C. to bring in new rules for mortgage brokers
Finance Minister Selina Robinson introduced the bill in the legislature on Tuesday, saying B.C. residents deserve better consumer protection and more transparency in the mortgage broking industry. One pending change is increasing fines to a maximum of $500,000 for those caught breaking the rules, while those with more than one conviction could face fines of up to $2.5 million.

B.C. to bring in new rules for mortgage brokers

VPD releases video of mischief to Olympic Cauldron

VPD releases video of mischief to Olympic Cauldron
Just after 3:30 a.m. on October 1, two suspects were in Jack Poole Plaza for 12 minutes, and briefly approached the base of the cauldron before leaving. When they returned 30 minutes later, one approached the base of the cauldron with a tool, while the other appeared to pull out a camera to record the destruction.

VPD releases video of mischief to Olympic Cauldron

Ottawa announces $300 million in Fiona relief

Ottawa announces $300 million in Fiona relief
The money will help communities and businesses in Atlantic Canada and the Îles-de-la-Madeleine rebuild, and the fund will also go toward cleaning up fishing gear, ensuring the safety of navigation and protecting marine wildlife, he said.

Ottawa announces $300 million in Fiona relief

Vancouver home sales down 46% from last Sept

Vancouver home sales down 46% from last Sept
The B.C. board says sales in the region totalled 1,687 last month, down from 3,149 the September before and 1,870 in August. Last month’s sales were almost 36 per cent below the 10-year September sales average.

Vancouver home sales down 46% from last Sept

Expert concerned about language data from census

Expert concerned about language data from census
The national statistics agency flipped the order of two questions related to which language Canadians spoke at home on a regular basis and which languages they spoke most often. The results showed an "unprecedented" rise in the number of Canadians who spoke both English and French as their mother tongue, said Jack Jedwab, CEO of the Association for Canadian Studies.

Expert concerned about language data from census

Second doses of monkeypox vaccine roll out in B.C.

Second doses of monkeypox vaccine roll out in B.C.
The Provincial Health Services Authority says those who received their first dose at least 28 days ago are eligible to make appointments for their second, as part of a two-dose series approved by Health Canada. More than 19,000 doses of Imvamune have been administered to those most at risk of contracting the virus in B.C.

Second doses of monkeypox vaccine roll out in B.C.