The Daily Chase: Competition Bureau appeals Rogers-Shaw deal; Magna cuts 2022 outlook
BNN Bloomberg
Competition Commissioner Matthew Boswell is getting one last chance to try to scuttle Rogers Communications' planned $20-billion takeover of Shaw Communications, with the Competition Bureau's appeal set to be heard before the courts later this morning.
TSX HITS SEVEN-MONTH HIGH
Don't look now, but the S&P/TSX Composite Index has just hit its highest level since June 8th of last year, as the New Year's rally pushes stocks higher. To wit, Toronto's benchmark composite has closed lower in all of three sessions so far this year, and is coming off a 128 point advance in yesterday's trade. Back to that June timeline – since that earlier high, Bombardier, Boyd Group Services and Enghouse Systems have been leading the way, with the former up a whopping 123 per cent.
IN CONVERSATION WITH RBC CEO DAVE MCKAY
