Industry Minister Mélanie Joly says she has not yet seen enough “net benefit” to Canada to allow Vancouver’s Teck Resources Ltd. to merge with UK-based miner Anglo American PLC.
“There have been conversations with the companies, and clearly we wanted to make sure that there would be a net benefit to Canada, but I think right now that it’s not enough,” Joly told reporters on her way to a cabinet meeting in the House of Commons on Sept. 16.
