Stop Trump Ally’s Attempt to Buy Canadian Telecom Giant « Canada’s NDP

April 8, 2025 at 6:00 am  Federal, Politics

VANCOUVER—Jagmeet Singh is calling on Prime Minister Mark Carney to immediately block the attempted foreign takeover of Rogers’ wireless network by billionaire Trump ally Stephen Schwarzman—calling it a direct threat to Canadian sovereignty, national security, and the public interest.

“This isn’t just a bad deal—it’s a wake-up call,” said Singh. “Donald Trump’s closest allies are circling Canada’s essential infrastructure, and this Liberal government is leaving the door wide open.”

Schwarzman, a New York billionaire and early Trump mega-donor, is seeking to buy nearly half of Rogers’ wireless network—one of the country’s most vital communications assets. Singh’s letter to Mark Carney demands that the federal government launch a full national security review under the Canada Investment Act and reject the deal.

“Trump has already promised to use ‘economic force’ against Canada. And now his allies want to buy up the systems we rely on to talk to each other, do business, and respond to emergencies,” said Singh. “If the Liberals won’t say no, New Democrats will.”

Singh said the attempted deal is another sign of how Canada’s deepening economic dependence on the U.S. has left workers and families vulnerable—from rising costs caused by Trump’s actions to threats to public ownership and control of core services.

“We’ve seen what happens when powerful foreign interests are allowed to take over Canadian housing, food supply chains, and now telecom,” Singh added. “Enough. It’s time to stand up for Canada—for our workers, our services, and our right to chart our own future.”

Now, Singh is calling for the Liberals to send a clear message that Canada is not for sale.

“We’re proud Canadians. And we don’t hand over what matters to billionaires—especially not ones funding a campaign to undermine us.”

New Democrats are demanding the government reject the deal—and are prepared to strengthen the Canada Investment Act to further prevent the selloff of strategic assets.

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