Canada approves the Anglo American–Teck merger
Ottawa cleared the deal under the Investment Canada Act with binding commitments, including at least C$4.5bn of investment in Canada over five years. Shareholders of both companies had approved the merger on 9 December 2025.

Why it matters. National-security and net-benefit reviews now shape deal terms as much as price does.
- Source
- Business Day
- In the course
- Module 9: The M&A process