{"id":349226,"date":"2025-12-16T16:15:07","date_gmt":"2025-12-16T16:15:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/349226\/"},"modified":"2025-12-16T16:15:07","modified_gmt":"2025-12-16T16:15:07","slug":"ottawa-approves-teck-anglo-american-merger","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/349226\/","title":{"rendered":"Ottawa approves Teck, Anglo American merger"},"content":{"rendered":"<p class=\"b-date-custom__date-item\">Updated:\u00a0December 16, 2025 at 8:15AM EST<\/p>\n<p class=\"b-date-custom__date-item\">Published:\u00a0December 16, 2025 at 5:52AM EST<\/p>\n<p class=\"c-paragraph\">OTTAWA \u2014 Teck Resources Ltd. and Anglo American PLC have won approval from Ottawa for their merger after promising billions in spending in Canada.<\/p>\n<p class=\"c-paragraph\">Teck chief executive Jonathan Price says the deal will deliver billions in investment and drive new economic activity and job creation in Canada and beyond.<\/p>\n<p class=\"c-paragraph\">Federal Industry Minister M\u00e9lanie Joly signed off on the deal late Monday.<\/p>\n<p class=\"c-paragraph\">Joly said in a statement she determined the merger will be a net benefit to Canada and called it a \u201csignificant win.\u201d<\/p>\n<p class=\"c-paragraph\">In addition to the spending, the combined company to be called Anglo Teck has promised that a significant majority of its senior management will be based in Canada, while a substantial proportion of its board of directors will be Canadian.<\/p>\n<p class=\"c-paragraph\">Shareholders last week gave their blessing to the plan, which was first announced in September.<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published Dec. 15, 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"Updated:\u00a0December 16, 2025 at 8:15AM EST Published:\u00a0December 16, 2025 at 5:52AM EST OTTAWA \u2014 Teck Resources Ltd. and&hellip;\n","protected":false},"author":2,"featured_media":349227,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,3540,47],"class_list":["post-349226","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-mining","tag-national"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/349226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=349226"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/349226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/349227"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=349226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=349226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=349226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}