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Conservatives wouldn't allow Teck takeover: Poilievre

April 28, 2023
Source: vancouverisawesome.com vancouverisawesome.com
News Snapshot:
Conservative leader says he would use the Investment Act to prevent takeover Pierre Poilievre and his Conservative Party are in no position to do anything about Glencore’s bid for Teck Resources (TSX:TECK.B,NYSE:TECK), but if the Conservatives were in power, they would use the Investment Act to prevent what Poilievre calls a hostile takeover. “A Poilievre government would bring home Canadian jobs by using the Investment Canada Act to stop this hostile foreign takeover, and take into account Glencore’s previous unethical behavior,” Poilievre said Thursday – a day after Teck cancelled a vote on a plan to divide the company in...
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