Innovation, Science and Economic Development Canada

Rogers, Shaw and Quebecor Extend Outside Date of Proposed Transactions to March 31, 2023

Retrieved on: 
Friday, February 17, 2023

TORONTO, CALGARY, AB and MONTREAL, Feb. 17, 2023 /CNW/ - Rogers Communications Inc., Shaw Communications Inc., the Shaw Family Living Trust, and Quebecor Inc. today announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron Ltd., a wholly-owned subsidiary of Quebecor, to March 31, 2023.

Key Points: 
  • TORONTO, CALGARY, AB and MONTREAL, Feb. 17, 2023 /CNW/ - Rogers Communications Inc., Shaw Communications Inc., the Shaw Family Living Trust, and Quebecor Inc. today announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron Ltd., a wholly-owned subsidiary of Quebecor, to March 31, 2023.
  • ISED approval must be obtained before the combination of Rogers and Shaw can proceed.
  • The Tribunal had rejected the Commissioner's challenge of the proposed acquisition of Freedom Mobile by Videotron and the subsequent combination of Rogers and Shaw (the "Transactions").
  • Any forward-looking information contained in this news release represent expectations as of the date of this news release and are subject to change after such date.

Statement from Minister Champagne, Minister Duclos and Minister Mendicino on protecting Canada's research

Retrieved on: 
Tuesday, February 14, 2023

OTTAWA, ON, Feb. 14, 2023 /CNW/ - The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, the Honourable Jean-Yves Duclos, Minister of Health, and the Honourable Marco E. L. Mendicino, Minister of Public Safety, made the following statement:

Key Points: 
  • OTTAWA, ON, Feb. 14, 2023 /CNW/ - The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, the Honourable Jean-Yves Duclos, Minister of Health, and the Honourable Marco E. L. Mendicino, Minister of Public Safety, made the following statement:
    "Our government takes its responsibility to protect Canadian research very seriously.
  • We have made great strides in protecting Canada's research ecosystem, but with a constantly evolving threat environment, further action is needed.
  • This enhanced policy will be implemented rapidly and in close consultation with our departments, Canada's national security agencies and the research community.
  • "Ministers have also written to Universities Canada and the U15 Group of Canadian Research Universities urging them to follow similar guidelines for all their research partnerships, and more particularly those partnerships involving sensitive research areas.

ROGERS, SHAW AND QUEBECOR EXTEND OUTSIDE DATE OF PROPOSED TRANSACTIONS TO FEBRUARY 17, 2023

Retrieved on: 
Monday, January 30, 2023

Companies remain committed to pro-competitive transactions,

Key Points: 
  • Companies remain committed to pro-competitive transactions,
    TORONTO, CALGARY, AB and MONTREAL, Jan. 30, 2023 /PRNewswire/ - Rogers Communications Inc., Shaw Communications Inc., the Shaw Family Living Trust, and Quebecor Inc. today announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron Ltd., a wholly-owned subsidiary of Quebecor, to February 17, 2023.
  • All parties remain committed to the pro-competitive transactions, which will deliver significant benefits to Canada and Canadian consumers.
  • The companies continue to work with ISED to secure the final approval needed to close the pro-competitive transactions.
  • The Tribunal had rejected the Commissioner's challenge of the proposed acquisition of Freedom Mobile by Videotron and the subsequent combination of Rogers and Shaw (the "Transactions").

Auction of residual spectrum licenses - Quebecor and Videotron take another step towards cross-Canada expansion

Retrieved on: 
Thursday, January 26, 2023

The acquisition was made in the auction of residual spectrum licenses that concluded yesterday with the announcement by Innovation, Science and Economic Development Canada of the tentatively accepted bids.

Key Points: 
  • The acquisition was made in the auction of residual spectrum licenses that concluded yesterday with the announcement by Innovation, Science and Economic Development Canada of the tentatively accepted bids.
  • Videotron is thus increasing its wireless service capacity and continuing to pave the way for the potential expansion of its wireless infrastructure outside Québec.
  • In 2021, Videotron acquired 294 blocks of 3500 MHz spectrum in Ontario, Manitoba, Alberta, British Columbia and Quebec at a cost of $830 million.
  • Quebecor now wants to replicate this success in other provinces by becoming the fourth major wireless service provider.

Government of Canada makes available more spectrum for higher-quality telecom services for Canadians

Retrieved on: 
Wednesday, January 25, 2023

To support these goals, the Government of Canada is committed to making more spectrum available.

Key Points: 
  • To support these goals, the Government of Canada is committed to making more spectrum available.
  • Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced that more Canadians will benefit from higher-quality telecom services as a result of the auction of residual spectrum licences that concluded on January 17.
  • "Our government recognizes that higher-quality wireless services are crucial to keeping Canadians connected and growing our economy.
  • Licences awarded in this auction include deployment requirements to ensure that providers use this spectrum to offer services to Canadians in a timely manner.

Rogers Communications Reports Fourth Quarter and Full-Year 2022 Results; Announces 2023 Financial Guidance

Retrieved on: 
Thursday, February 2, 2023

The purpose of the financial outlook is to assist investors, shareholders, and others in understanding certain financial metrics relating to expected 2023 financial results for evaluating the performance of our business.

Key Points: 
  • The purpose of the financial outlook is to assist investors, shareholders, and others in understanding certain financial metrics relating to expected 2023 financial results for evaluating the performance of our business.
  • We provide annual guidance ranges on a consolidated full-year basis that are consistent with annual full-year Board of Directors-approved plans.
  • Any updates to our full-year financial guidance over the course of the year would only be made to the consolidated guidance ranges that appear above.
  • Rogers, Shaw, and the Shaw Family Living Trust have agreed to extend the outside date for the Shaw Transaction to February 17, 2023.

Rogers, Shaw and Quebecor Extend Outside Date of Proposed Transactions to February 17, 2023

Retrieved on: 
Monday, January 30, 2023

TORONTO and CALGARY, Alberta and MONTREAL, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc., Shaw Communications Inc., the Shaw Family Living Trust, and Quebecor Inc. today announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron Ltd., a wholly-owned subsidiary of Quebecor, to February 17, 2023.

Key Points: 
  • TORONTO and CALGARY, Alberta and MONTREAL, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc., Shaw Communications Inc., the Shaw Family Living Trust, and Quebecor Inc. today announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron Ltd., a wholly-owned subsidiary of Quebecor, to February 17, 2023.
  • All parties remain committed to the pro-competitive transactions, which will deliver significant benefits to Canada and Canadian consumers.
  • The companies continue to work with ISED to secure the final approval needed to close the pro-competitive transactions.
  • The Tribunal had rejected the Commissioner’s challenge of the proposed acquisition of Freedom Mobile by Videotron and the subsequent combination of Rogers and Shaw (the “Transactions”).

Rogers, Shaw and Quebecor Extend Outside Date of Proposed Transactions to February 17, 2023

Retrieved on: 
Monday, January 30, 2023

TORONTO and CALGARY, Alberta and MONTREAL, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc., Shaw Communications Inc., the Shaw Family Living Trust, and Quebecor Inc. today announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron Ltd., a wholly-owned subsidiary of Quebecor, to February 17, 2023.

Key Points: 
  • TORONTO and CALGARY, Alberta and MONTREAL, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc., Shaw Communications Inc., the Shaw Family Living Trust, and Quebecor Inc. today announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron Ltd., a wholly-owned subsidiary of Quebecor, to February 17, 2023.
  • All parties remain committed to the pro-competitive transactions, which will deliver significant benefits to Canada and Canadian consumers.
  • The companies continue to work with ISED to secure the final approval needed to close the pro-competitive transactions.
  • The Tribunal had rejected the Commissioner’s challenge of the proposed acquisition of Freedom Mobile by Videotron and the subsequent combination of Rogers and Shaw (the “Transactions”).

Expert Panel lays out costly consequences of misinformation

Retrieved on: 
Thursday, January 26, 2023

“Misinformation has become a global problem and a defining issue of our time,” said Alex Himelfarb, PhD, Chair of the Expert Panel.

Key Points: 
  • “Misinformation has become a global problem and a defining issue of our time,” said Alex Himelfarb, PhD, Chair of the Expert Panel.
  • The Expert Panel on the Socioeconomic Impacts of Science and Health Misinformation estimates that misinformation cost the Canadian healthcare system at least $300 million during nine months of the COVID-19 pandemic in 2021.
  • Fault Lines details how science and health misinformation spreads and its impacts on individuals, communities, and society.
  • It explores what makes people susceptible to misinformation messaging and how we might use these insights to improve societal resilience.

Shaw, Rogers and Quebecor Welcome the Decision by the Federal Court of Appeal

Retrieved on: 
Tuesday, January 24, 2023

CALGARY and TORONTO and MONTREAL, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc., Shaw Communications Inc., and Quebecor Inc. today provided the following statement on the decision by the Federal Court of Appeal.

Key Points: 
  • CALGARY and TORONTO and MONTREAL, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc., Shaw Communications Inc., and Quebecor Inc. today provided the following statement on the decision by the Federal Court of Appeal.
  • “We welcome this clear, unequivocal, and unanimous decision by the Federal Court of Appeal.
  • The Tribunal rejected the Commissioner’s challenge of the proposed acquisition of Freedom Mobile by Videotron Ltd., a wholly owned subsidiary of Quebecor Inc., and the subsequent combination of Rogers and Shaw (“the Transactions”).
  • All of the forward-looking information in this news release is qualified by the cautionary statements herein.