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Alberta to get 1,800 net new jobs due to Rogers buying Shaw

Article content Alberta will gain 1,800 net new jobs as a result of Rogers Communications’ $20 billion purchase of Calgary-based Shaw Communications, the heads of the two companies promised Monday. Shaw CEO Brad Shaw made the pledge together with Rogers president and CEO Joe Natale just hours after announcing the massive deal that will unite the former rival companies and permanently alter Canada’s wireless industry landscape. The $40.50 per share cash offer (a 69 per cent premium over Shaw’s closing price on Friday) has the support of Shaw’s board and the Shaw family, Brad Shaw said in an interview, adding they would not have agreed to the sale unless they were confident that Calgary and Alberta would come out ahead.

Headline Politics: Alberta Premier on Rogers-Shaw Deal, Recall Legislation – March 15, 2021

At a news conference in Calgary, Alberta Premier Jason Kenney speaks with reporters about two topics. The premier first comments on Toronto-based telecom giant Rogers Communications’ proposed $26 billion deal to purchase Calgary-based Shaw Communications. He is then joined from Edmonton by Alberta Justice Minister and Solicitor General Kaycee Madu to provide details about Bill 52, the Recall Act. If passed, their government’s bill would allow voters in the province to recall elected officials at the provincial and municipal levels of government between elections. Kenney had promised in his 2019 campaign platform that a United Conservative Party government would introduce recall legislation. They are joined by MLAs Mark Smith (Drayton Valley – Devon) and Joseph Schow (Cardston-Siksika). (no interpretation)

Sale of telecom empire has generational impact on Shaw family

Sale of telecom empire has generational impact on Shaw family
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