The story
Predecessors
Sirius Canada was a Canadian-based partnership between Slaight Communications, the Canadian Broadcasting Corporation, and U.S.-based Sirius Satellite Radio. XM Satellite Radio Canada was the operating name of Canadian Satellite Radio Holdings Inc., a company formed in 2002 by John Bitove in partnership with Sirius' U.S. competitor, XM Satellite Radio.
Following the receipt of applications in 2003 and 2004, in June 2005, the CRTC issued six-year licenses to three companies to introduce subscription radio service to Canada: Sirius Canada, XM Canada, and a partnership between CHUM Limited and Astral Media. The CHUM/Astral partnership proposed a service fed by terrestrial transmitters instead of satellites, and never launched. Both Sirius Canada and XM Canada launched in late 2005.
Merger
Following the 2008 merger of Sirius and XM in the U.S., the two Canadian companies did not immediately announce plans to merge, and continued to compete in the Canadian marketplace. A complicating factor in any Canadian merger talks was that Sirius Canada had far more than half of the total satellite radio subscriber base in Canada, and felt they deserved greater than a 50/50 split of the new company, whereas XM Canada felt that their deal with the National Hockey League — a particularly lucrative prize in Canadian sports broadcasting — warranted a larger share of value in the new company than its subscriber base would suggest.
However, in their eventual application to the CRTC, XM Canada and Sirius Canada noted that following the U.S. merger, they found it increasingly difficult to remain in operation as distinct, competing services in Canada even as the parent services increasingly integrated and amalgamated their programming. In an interview with The Globe and Mail before the merger was approved, Bitove also noted the difficulties that arose from the merged American service becoming a minority shareholder in both of the Canadian companies simultaneously, such as conflicts of interest that forced the American company to leave its Canadian partners out of strategic planning discussions which would have given each company power over decisions affecting the other.
On November 24, 2010, XM Radio Canada and Sirius Canada announced that they had reached a deal to merge their services.
John Bitove's Canadian Satellite Radio Holdings Inc. held 30.4% and effective control of the new company. Slaight Communications and the Canadian Broadcasting Corporation (CBC), the primary shareholders in the former Sirius, each held 20.4%, and the American parent Sirius XM held 25%. Both Bitove and Mark Redmond, the former president and CEO of Sirius Canada, hold executive roles with the new company.
As of 2011, Sirius and XM in the United States offered nearly identical programming lineups, with the Canadian-produced channels being among the few remaining distinctions between the two services; eventually the Canadian channels were also harmonized between services. Premier packages became available in Canada on October 1, 2012.
2017 privatization
In 2016, Sirius XM Canada, which had had its shares publicly traded on the Toronto Stock Exchange, announced a privatization ("go-private") and recapitalization transaction whereby three of the broadcaster's largest shareholders – Slaight Communications, John Bitove's Obelysk Media, and Sirius XM U.S. – would buy out the remaining public shareholders. The transaction was completed the next year, following CRTC approval, following which Sirius XM took a 70% equity interest in the Canadian firm but only 33% of voting shares, with the remainder split between Slaight and Obelysk.
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The CBC exited its ownership position as a result of the transaction, though CBC channels continued to be broadcast on the SiriusXM platform.
2020—present
In October 2022, CBC-programmed music channels were removed from SiriusXM and replaced with Canadian music channels programmed directly by SiriusXM Canada; feeds of CBC Radio One and Ici Radio-Canada Première continue to air on SiriusXM.
In October 2024, the CRTC approved the transfer of shares owned by Slaight Communications—owned by Allan Slaight, who died in 2021—directly to Allan's son Gary Slaight.
In March 2025, SiriusXM Canada launched SiriusXM Dhamaka, a South Asian music channel produced in-house, taking over the channel position (796) of the discontinued ATN-Asian Radio, which had been produced by Canadian broadcaster Asian Television Network since 2007.
From Wikipedia’s article on SiriusXM Canada, shared under CC BY-SA 4.0.4