Rogers gets all necessary league approvals to buy Bell's MLSE stake
Rogers said Wednesday those five leagues have signed off on the deal that would see it increase its ownership stake in the company to 75 per cent.
The deal also includes the transfer of NBA TV (Canada) from Bell to Rogers, and that aspect is subject to approval from the Canadian Radio-television and Telecommunications Commission.
Rogers' sports portfolio also includes Major League Baseball's Toronto Blue Jays and their Rogers Centre home.
MLSE chairman Larry Tanenbaum, via his holding company Kilmer Sports Inc., owns the company's other 25 per cent stake. OMERS, a Canadian pension fund, purchased a five per cent indirect stake in MLSE in the summer of 2023 through a 20 per cent direct stake in Kilmer Sports for US$400 million.
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Vancouver Sun
28 minutes ago
- Vancouver Sun
Champagne, Anand meet with Mexican officials with goal of strengthening countries' ties
OTTAWA — Finance Minister Francois-Philippe Champagne and Foreign Affairs Minister Anita Anand were in Mexico to strengthen the countries' relationship, days after the United States hit Canada with higher tariffs. Champagne said during a virtual press conference from Mexico on Tuesday evening that it was a 'very successful trip' and that the mission was to 'get to know each other a bit better.' The minister said the countries spoke about how to work together in areas like energy, auto and security. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. 'What we have agreed is to build a work plan between Canada and Mexico which focuses on a number of factors, for example resilient supply chains, port-to-port lines of trade, artificial intelligence and the digital economy, energy, security,' Anand said. The ministers met with Mexican President Claudia Sheinbaum and other government officials. They are also set to meet with members of the business community while in Mexico. 'The bottom line is that we are building the momentum in the Mexico-Canada relationship and we're making sure that this relationship will stand the test of time and that it is a comprehensive, strategic relationship on the axis of the economy and geopolitical issues, including security,' Anand said. Earlier in the day, Prime Minister Mark Carney said he would speak with U.S. President Donald Trump 'when it makes sense.' 'I haven't spoken to the president in recent days,' Carney said during a press conference in West Kelowna, B.C. When asked Thursday about the prospects for a trade deal with Canada, Trump said that 'he's called' — seemingly a reference to Carney. The U.S. hit Canada on Friday with a 35 per cent tariff on goods not compliant with the Canada-United States-Mexico agreement on trade, known as CUSMA. Tariff rates for Canadian steel, aluminum and copper are at 50 per cent. Carney said this means that 85 per cent of trade between the Canada and the U.S. remains tariff-free. CUSMA is scheduled for a mandatory review next year. During Tuesday's press conference to discuss supports for the softwood lumber industry — a sector hit hard by American tariffs _ Carney pointed to Canada's large investment footprint in the U.S. While other countries have included multibillion-dollar investment pledges in their trade deals with the U.S., Carney suggested that Canadian investment in the U.S. likely will decrease without a deal. 'We have 40 million people. We are the second-largest investor in the United States in the world,' he said. 'Without an agreement, there will be less by definition.' While Trump has cited cross-border fentanyl trafficking to justify some of his tariffs, Carney said that drugs flowing from Canada to the U.S. amount to a 'rounding error' compared to other sources. American border agents have seized about 34 kilograms of fentanyl at the Canadian border this fiscal year, compared to over 4,000 kilograms at the Mexican border, according to U.S. Customs and Border Protection data. Canada is looking around for trade partners it can trust, Champagne said Tuesday as he and Anand met with Sheinbaum. Anand and Champagne flew to Mexico on Monday to talk economic growth, trade and security with the Mexican president. Carney is expected to visit Mexico to meet with Sheinbaum soon. In a media statement, Champagne said the visit was part of a broader strategy of diversifying Canada's trading relationships as the United States takes a protectionist, tariff-focused approach. 'As we strive to provide more certainty and diversify our export markets, forging closer partnerships like the one we enjoy with Mexico is how we chart a new way forward with partners we can trust,' he said. While Canada is now under the increased U.S. tariff rate that took effect Aug. 1, Mexico received a 90-day reprieve from threatened higher U.S. levies. Anand and Champagne dodged questions from reporters about how Mexico managed to get an extension while Canada didn't, with Anand stressing that the countries' economic relationships with the U.S. are different. Ontario Premier Doug Ford last year called for a bilateral trade deal between Canada and the United States because he said Mexico was serving as a back door for Chinese auto parts and vehicles entering the North American market. The automotive sector is one of the biggest drivers of trade between Canada and Mexico. Vehicles and auto parts account for 20 per cent of Canada's exports to Mexico and 37 per cent of Canadian imports from its southern partner, according to Economic Development Canada. The auto sector has been a key target of Trump's tariffs. The North American automotive supply chain is spread between the three countries and Trump has said he wants to build up end-to-end auto manufacturing in the U.S. Mexico is one of Canada's biggest trading partners for various commodities, including oil and gas, steel and aluminum. Canada's imports from Mexico include tropical fruits, broadcast equipment and medical devices, according to Mexico's economy ministry. Anand and Champagne were also scheduled to meet with Canadian and Mexican business leaders after their Tuesday press conference. A finance official said the meeting would include representatives from the banking, mining, aerospace, railway, pension, pharmaceutical and agri-food sectors. — With files from Catherine Morrison Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our politics newsletter, First Reading, here .
Toronto Sun
28 minutes ago
- Toronto Sun
Taylor Fritz tops Andrey Rublev to make National Bank Open semifinals
Published Aug 05, 2025 • 2 minute read Taylor Fritz of the U.S. pumps his fist after breaking Andrey Rublev of Russia during their quarterfinal match at the National Bank Open in Toronto, Tuesday, Aug. 5, 2025. Photo by Frank Gunn / THE CANADIAN PRESS Taylor Fritz blasted his way to the National Bank Open semifinal. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The hard-serving No. 2 seed from the United States topped No. 6 Andrey Rublev of Russia 6-3, 7-6 (4) on Tuesday at Sobeys Stadium. Fritz, who finished with 20 aces, will next face the winner of the late quarterfinal between No. 4 Ben Shelton of the U.S. and No. 9 Alex de Minaur of Australia. Wednesday's other semifinal will see top-seeded Alexander Zverev of Germany — the 2017 tournament winner in Montreal — take on No. 11 Karen Khachanov of Russia. The title showdown for the Canadian men's tennis championship goes Thursday on the campus of York University in northwest Toronto. Fritz came out firing in hazy and breezy conditions on Centre Court with three aces to win the first game. He then broke Rublev in securing the match's first eight points. This advertisement has not loaded yet, but your article continues below. The 27-year-old, who sits fourth in the ATP Tour rankings and lost last year's U.S. Open final to world No. 1 Jannik Sinner, fired two more aces to go up 4-1 before serving out the set. Looking for his 11th ATP Tour victory — and second Masters 1000 crown — Fritz broke Rublev with the second set tied 4-4, but the Russian returned the favour to stay alive in the next game. Fritz, however, wouldn't be denied in the tiebreak, and hammered his 20th ace to close out the match. The Santa Fe, Calif., product lost in the Wimbledon semis to world No. 2 Carlos Alcaraz, who along with a host of top players including Sinner, No. 5 Jack Draper and No. 6 Novak Djokovic all skipped the event expanded to two weeks in 2025. Fritz has two tournament wins on grass in 2025 and twice previously fell in the NBO round of 16 before this summer's run. He also fell to Sinner in last year's U.S. Open final. Rublev came to Toronto ranked No. 11 overall after losing in last year's final to Australia's Alexei Popyrin. The 27-year-old from Moscow made the fourth round of both Wimbledon and the French Open. Popyrin lost to Zverev in the quarters on Monday night. Fritz improved to 6-4 in his career against Rublev, who took their last meeting on clay in the Madrid semifinals some 15 months ago. RECOMMENDED VIDEO Columnists World Toronto Maple Leafs Canada Opinion
Edmonton Journal
28 minutes ago
- Edmonton Journal
Champagne, Anand meet with Mexican officials with goal of strengthening countries' ties
OTTAWA — Finance Minister Francois-Philippe Champagne and Foreign Affairs Minister Anita Anand were in Mexico to strengthen the countries' relationship, days after the United States hit Canada with higher tariffs. Article content Champagne said during a virtual press conference from Mexico on Tuesday evening that it was a 'very successful trip' and that the mission was to 'get to know each other a bit better.' Article content Article content Article content The minister said the countries spoke about how to work together in areas like energy, auto and security. Article content Article content 'What we have agreed is to build a work plan between Canada and Mexico which focuses on a number of factors, for example resilient supply chains, port-to-port lines of trade, artificial intelligence and the digital economy, energy, security,' Anand said. Article content The ministers met with Mexican President Claudia Sheinbaum and other government officials. They are also set to meet with members of the business community while in Mexico. Article content 'The bottom line is that we are building the momentum in the Mexico-Canada relationship and we're making sure that this relationship will stand the test of time and that it is a comprehensive, strategic relationship on the axis of the economy and geopolitical issues, including security,' Anand said. Article content Article content Earlier in the day, Prime Minister Mark Carney said he would speak with U.S. President Donald Trump 'when it makes sense.' Article content Article content 'I haven't spoken to the president in recent days,' Carney said during a press conference in West Kelowna, B.C. Article content When asked Thursday about the prospects for a trade deal with Canada, Trump said that 'he's called' — seemingly a reference to Carney. Article content The U.S. hit Canada on Friday with a 35 per cent tariff on goods not compliant with the Canada-United States-Mexico agreement on trade, known as CUSMA. Tariff rates for Canadian steel, aluminum and copper are at 50 per cent. Article content Carney said this means that 85 per cent of trade between the Canada and the U.S. remains tariff-free. Article content CUSMA is scheduled for a mandatory review next year.
