Trudeau team 'closely' watching Glencore’s bid to swallow Teck

One of Justin Trudeau’s senior Cabinet Ministers said Canada is monitoring Glencore's attempted takeover of Teck Resources, pointing out the country benefits from having major companies headquartered domestically.

“We are following it very closely,” Natural Resources Minister Jonathan Wilkinson said Monday in a phone interview. But he added that his Cabinet colleagues won’t pre-judge the “commercial conversations” that are taking place.