Let T, T ′ be weak contractions (in the sense of Sz.-Nagy and Foiaş), m, m the minimal functions of their C0 parts and let d be the greatest common inner divisor of m, m . It is proved that the space I(T, T ) of all operators intertwining T, T ′ is reflexive if and only if the model operator S(d) is reflexive. Here S(d) means the compression of the unilateral shift onto the space H⊖dH. In parti...