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Rogers, Telus, Bell Warn They’ll Cut Investment If Forced to Share
(www.iphoneincanada.ca)
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this post was submitted on 19 Jun 2025
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Been on Sasktel all my life, started getting more actively involved in politics when Wall wanted to sell 49% (or 51% I don’t remember) of Sasktel as a trial run or whatever the heck he called it.
I don't see how 51% could be a trial of anything as they'd lose control. 49% you could see how pressure from investors harms the company though and could painfully be walked back from. Terrible idea though.
They were considering selling 49%, but the percentage is meaningless without looking at the articles, the bylaws, and resolutions. A lot of corporations make things more strict than the Bus Corp. act. You can always make things more strict, you can't make them more lax.
In fact, some things require a "Special Resolution" which is 2/3rds.
BUT, that can mean 2/3 of the shareholders who show up, as long as enough people show up to make a quorum.
And a quorum can be as small as 1 person, again, depending on the Articles, bylaws, and resolutions.
If you feel like learning about the Saskatchewan Business Corporations act, here is it:
https://www.canlii.org/en/sk/laws/astat/ss-2021-c-6/latest/ss-2021-c-6.html