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

Altercation between youth groups results in youth being stabbed in Newton

Altercation between youth groups results in youth being stabbed in Newton
Police say they are working to identify two suspects, they are described as South Asian youths believed to be between 15 and 17 years old, who left the area before police arrived. They say one of the suspects may have sustained superficial injures during the altercation.

Altercation between youth groups results in youth being stabbed in Newton

Search warrant at a Surrey convenience store leads to seizure of fentanyl and large amount of cash

Search warrant at a Surrey convenience store leads to seizure of fentanyl and large amount of cash
On August 30, 2022, Surrey RCMP Drug Unit executed a search warrant at a convenience store located in the 10200-block of City Parkway.  Investigation lead the police to believe that the business was being used to facilitate drug trafficking in the area.

Search warrant at a Surrey convenience store leads to seizure of fentanyl and large amount of cash

Canada losing internationally trained doctors

Canada losing internationally trained doctors
Doctors trained abroad arrive in the country hoping to practise but are often stymied by the costly licensing process, and they leave for countries where it is easier to get licensed. Some provinces, including Nova Scotia and Newfoundland and Labrador, are working to streamline their procedures as they welcome Ukrainian doctors fleeing the war in their country.

Canada losing internationally trained doctors

Rain, cooler weather aid B.C. wildfire crews

Rain, cooler weather aid B.C. wildfire crews
Rain in southwest B.C. also dampened the two wildfires east and southwest of Hope, including the five-square kilometre blaze that affected eastbound traffic on Highway 1, and the BC Wildfire Service says both fires are now ranked as "being held," meaning neither is likely to spread.

Rain, cooler weather aid B.C. wildfire crews

Burnaby RCMP need the public's help in finding missing man Rajesh Verma

Burnaby RCMP need the public's help in finding missing man Rajesh Verma
Burnaby RCMP is asking for the public’s assistance in locating 65-year-old Rajesh Verma. Rajesh was last seen by family in the 8800-block of Armstrong Avenue at 3:30 p.m. Thursday, September 15, 2022.  

Burnaby RCMP need the public's help in finding missing man Rajesh Verma

Former PMs to attend queen's funeral in London

Former PMs to attend queen's funeral in London
Prime Minister Justin Trudeau, Gov. Gen. Mary Simon and their spouses are leading the delegation, which departs Friday, though it's unclear whether all guests will travel on the same aircraft. The group will include former governors general Michaëlle Jean and David Johnston as well as former prime ministers Kim Campbell, Jean Chrétien, Paul Martin and Stephen Harper.

Former PMs to attend queen's funeral in London