Canada Says Anglo American’s Pledges to Secure Teck Resources Deal Not Enough

OTTAWA—Canadian Industry Minister Melanie Joly said she aims to deliver a decision in coming months on whether

1.57%

increase; green up pointing triangle can proceed with its takeover of Teck Resources TECK.B 2.88%increase; green up pointing triangle, but warned that the British miner’s pledges to date aren’t enough.

Under a revised Canadian industrial strategy, the government wants to maintain homegrown global companies with big Canadian headquarters, Joly said.