The deal has cleared its final regulatory hurdle just over two years after it was first announced
Innovation, Science and Industry Minister François-Philippe Champagne speaks during question period in the House of Commons on Dec. 3, 2021.
TORONTO — The largest telecommunications deal in Canadian history will go forward after Rogers Communications Inc.’s $26-billion takeover of Shaw Communications Inc. received approval from Ottawa on Friday. The green light means the deal has cleared its final regulatory hurdle just over two years after it was first announced.
But Industry Minister François-Philippe Champagne took a stern tone on Friday, vowing to “be like a hawk on behalf of Canadians” to ensure compliance with the conditions he outlined, aimed at bolstering competition and lowering phone and internet costs.
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