Around 380 wildfires are burning throughout B.C., with more than 20 flagged as especially concerning. Many are clustered in parts of the province’s interior
The iconic Canadian channel TELETOON known for airing countless notable kid's cartoons is coming to a close next month. TELETOON will become Cartoon Network as of March 27, 2023, as the channel undergoes a total rebrand and becomes part of a multi-platform streaming service.
Calgary s Shaw family is backing the merger deal spearheaded by the Rogers family of Toronto.
Rogers Communications is set to acquire rival cable giant Shaw Communications for $26 billion (US$20.8 billion).
The deal, pending regulatory and shareholder approvals, will combine two Canadian cable, broadband Internet and wireless phone giants as the country heads towards a 5G rollout. As part of the deal, Rogers will purchase Shaw class A shares and class B shares for CAN$40.50 (US$32.40) each, which represents a 70 percent premium to Shaw s class B share price.
The Shaw Family Trust, which represents Calgary s Shaw family and the controlling shareholder of Shaw Communications, has agreed to vote in favor of the merger deal. The transaction includes about CAN$6 billion of debt to roll into Rogers Communications, which is controlled by the Rogers family of Toronto.