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inside the market
Gordon Pape: How this low-profile company grew from a two-person office to a world leader that investors should be considering
The CGI headquarter is seen Thursday, May 31, 2012 in Montreal
report on business
OpenText Corp. sees revenues rise 2.4% in latest financial quarter
The OpenText building in Waterloo, Ont.
report on business
Air Canada pilots union considers merger with larger union
Grounded Air Canada planes sit on the tarmac at Pearson International Airport during the COVID-19 pandemic in Toronto on Wednesday, April 28, 2021. Air Canada plans to more than double its capacity this year compared with 2021, but says it will remain below its pre-pandemic level. CANADIAN PRESS/Nathan Denette
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BMO closes US$16.3 billion Bank of the West deal
BMO Banque de Montreal signage in Ottawa on Wednesday Sept. 7, 2022. BMO Financial Group says it has closed its US$16.3 billion acquisition of Bank of the West more than 13 months after initially anouncing the deal. THE CANADIAN PRESS/Sean Kilpatrick
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Canaccord Genuity signs deal to buy Mercer’s Canadian private wealth business
Ac Canadian flag flies in the Bay Street financial district in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
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CP Rail hires thousands as it awaits regulatory go-ahead for acquisition of Kansas City Southern
Canadian Pacific Railway Ltd. says it earned $1.27 billion in the fourth quarter of 2022, compared with $532 million in the same period of 2021. Canadian Pacific Railway trains sit at the main CP Rail trainyard in Toronto on Monday, March 21, 2022. THE CANADIAN PRESS/Nathan Denette
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Janus Henderson Investors joins Luxor in opposing Ritchie Bros’ planned acquisition of IAA
People look at industrial equipment during the Ritchie Bros. auction in Nisku, Alta, on Tuesday, April 26, 2016. Investment firm Luxor Capital Group LP remains opposed to Ritchie Bros. Auctioneers Inc.'s deal to buy IAA Inc. despite changes made to the agreement. THE CANADIAN PRESS/Codie McLachlan
opinion
The best advocate for Rogers’ deals is rival Telus
Andrew Willis
international business
Murdoch pulls plug on possible merger of News Corp., Fox
FILE - Rupert Murdoch introduces Secretary of State Mike Pompeo during the Herman Kahn Award Gala, in New York, Oct. 30, 2018. Rupert Murdoch has pulled the plug on a proposal to bring together his News Corp. and Fox Corp., saying the merger wasn't coming at the right time for shareholders. In similar statements Tuesday, Jan. 24, 2023, the companies said their boards received letters from Murdoch withdrawing the plan. (AP Photo/Mary Altaffer, File)
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Federal court dismisses Competition Bureau’s appeal of Rogers-Shaw takeover approval
Lawyer for the Competition Bureau of Canada Jonathan Hood, centre-left, leaves the Federal Court of Appeal building in Ottawa, on Tuesday, Jan. 24, 2023. Spencer Colby/The Globe and Mail
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Globalive plots return to Canada’s wireless industry with bid for Xplore Mobile
Former founder and CEO of Freedom Mobile, Anthony Lacavera poses for a photograph in front of a store in Toronto, on Monday, December, 13, 2021. (Christopher Katsarov/The Globe and Mail)
international business
Lufthansa’s bid for minority stake in Italy’s ITA Airways sparks further airline merger talk
FILE PHOTO: Planes of German air carrier Lufthansa are parked as Lufthansa pilots start a strike over a wage dispute, at the airport in Frankfurt, Germany September 2, 2022. REUTERS/Kai Pfaffenbach/File Photo
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Crypto firm CoinSmart seeks to enforce takeover, calling Coinsquare’s termination of deal ‘completely bogus’
Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration
world
UBS has no desire to buy Credit Suisse, chairman tells newspaper
FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. Picture taken November 3, 2021. REUTERS/Arnd WIegmann/File Photo
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Competition Bureau expands its appeal of decision to approve Rogers-Shaw deal
Rogers and Shaw applications are pictured on a cellphone in Ottawa on Monday, May 9, 2022. The Competition Bureau is asking the Federal Court of Appeal to set aside a decision by the Competition Tribunal dismissing its case against Rogers Communications Inc.'s $26-billion takeover of Shaw Communications Inc. THE CANADIAN PRESS/Sean Kilpatrick
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Appeal in Rogers-Shaw takeover set for Jan. 24
Rogers and Shaw applications are pictured on a cellphone in Ottawa on Monday, May 9, 2022. Closing arguments are expected to continue before the Competition Tribunal today, as the organization weighs whether the $26-billion merger of Rogers Communications Inc. and Shaw Communications Inc. should be blocked. THE CANADIAN PRESS/Sean Kilpatrick
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Rogers-Shaw deal approved because Freedom Mobile sale expected to create ‘more aggressive’ wireless competitor, tribunal says
Rogers and Shaw applications are pictured on a cellphone in Ottawa on Monday, May 9, 2022. Closing arguments are expected to continue before the Competition Tribunal today, as the organization weighs whether the $26-billion merger of Rogers Communications Inc. and Shaw Communications Inc. should be blocked. THE CANADIAN PRESS/Sean Kilpatrick
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Competition Bureau to appeal tribunal decision allowing Rogers’s proposed Shaw takeover to proceed
Rogers and Shaw applications are pictured on a cellphone in Ottawa on Monday, May 9, 2022. Closing arguments are expected to continue before the Competition Tribunal today, as the organization weighs whether the $26-billion merger of Rogers Communications Inc. and Shaw Communications Inc. should be blocked. THE CANADIAN PRESS/Sean Kilpatrick
opinion
Canadians should be wary of the rushed Rogers-Shaw decision
Keldon Bester
technology
Tribunal rejects competition challenge to Rogers takeover of Shaw, paving way for approval
A woman holds two cellphones in this photo illustration in Chelsea, Que., Monday March 29, 2021. THE CANADIAN PRESS/Adrian Wyld
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Competition Bureau approves sale of Resolute Forest Products to Domtar Corp.
Cedar planks are stacked at a lumber yard in Montreal, Tuesday, April 25, 2017. The Competition Bureau has approved the acquisition of Resolute Forest Products Inc. by Domtar Corp., a wholly-owned subsidiary of the Paper Excellence Group. THE CANADIAN PRESS/Paul Chiasson
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Review of RBC’s $13.5-billion takeover of HSBC Canada shows limits to system, critics say
An HSBC sign is pictured in Ottawa on Wednesday Sept. 7, 2022. In the year ahead Canada's competition watchdogs will assess RBC's proposed $13.5-billion takeover of HSBC Bank Canada, but critics say their leash is too short while efforts in the U.S. point to potential ways of doing it better.THE CANADIAN PRESS/Sean Kilpatrick
world
Bloomberg has no interest in acquiring Dow Jones or Washington Post, spokesman says
FILE PHOTO: Former mayor of New York Michael Bloomberg speaks with participants prior to a meeting with Earthshot prize winners and finalists at the Glasgow Science Center during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Alastair Grant/Pool via REUTERS
technology
Competition tribunal yet to decide on Roger-Shaw merger, will give notice ahead of decision
Rogers and Shaw applications are pictured on a cellphone in Ottawa on Monday, May 9, 2022. Closing arguments are expected to continue before the Competition Tribunal today, as the organization weighs whether the $26-billion merger of Rogers Communications Inc. and Shaw Communications Inc. should be blocked. THE CANADIAN PRESS/Sean Kilpatrick
international business
EU clears Germany’s plan to take over gas giant Uniper
FILE PHOTO: Logo of Uniper is pictured at the company's headquarters in Duesseldorf, Germany, September 21, 2022. REUTERS/Wolfgang Rattay
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Tribunal hears final pitches from Rogers, Shaw ahead of merger ruling
Rogers and Shaw applications are pictured on a cellphone in Ottawa on May 9, 2022. The Competition Tribunal will hear oral arguments today in a case meant to decide whether the $26-billion merger of Rogers Communications Inc. and Shaw Communications Inc. will be blocked. THE CANADIAN PRESS/Sean Kilpatrick
opinion
Bell Media is a distraction – BCE Inc. should just sell it off
Dvai Ghose
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Shaw saying its wireless business not profitable ‘doesn’t stand up to scrutiny,’ tribunal told
Rogers and Shaw applications are pictured on a cellphone in Ottawa on May 9, 2022. The Competition Tribunal will hear oral arguments today in a case meant to decide whether the $26-billion merger of Rogers Communications Inc. and Shaw Communications Inc. will be blocked. THE CANADIAN PRESS/Sean Kilpatrick
energy and resources
Departing Gold Fields CEO felt responsible for failed Yamana deal, stepped down so company could ‘move forward’
FILE PHOTO: Chris Griffith, CEO of Goldfields, speaks to Reuters at the African Mining Indaba 2022 in Cape Town, South Africa, May 9, 2022. REUTERS/Shelley Christians/File Photo
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Closing arguments filed ahead of final Rogers-Shaw merger hearings
Videotron CEO Pierre Karl Peladeau (left) arrives at the Competition Bureau at the Competition Tribunal hearing October 27, 2022 in Ottawa. Dave Chan/The Globe and Mail
international business
Penguin Random House CEO to step down after merger deal with Simon & Schuster scrapped
FILE PHOTO: Penguin books are seen in a used bookshop in central London October 29, 2012. REUTERS/Stefan Wermuth/File Photo
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Rogers, Shaw merger hearings coming to a close
The Rogers Communications tower at One Mount Pleasant in Toronto on March 15, 2021 (Melissa Tait / The Globe and Mail)
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RBC faces challenge retaining HSBC Canada business clients before takeover deal closes
FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo
opinion
RBC-HSBC banking merger is a slide to monopoly – Canada should just say no
Keldon Bester
report on business
RBC deal for HSBC Canada faces high regulatory, political hurdles
FILE PHOTO: A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo
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Competition Tribunal hearing shifts to potential cost savings generated by proposed Rogers-Shaw merger
Rogers and Shaw applications are pictured on a cellphone in Ottawa on Monday, May 9, 2022. THE CANADIAN PRESS/Sean Kilpatrick