We need to be better at balancing national security and Chinese investment

Last week, the Canadian government rejected the takeover of Aecon Group Inc. – a major construction firm that contributes to the building of critical infrastructure in Canada – by China Communications Construction Co. Ltd, a state-owned infrastructure firm. This was the correct decision, albeit surely a difficult one that had to balance Canada’s need for foreign investment with security concerns over access to Canada’s critical infrastructure.

The mantra of Justin Trudeau’s government has been to encourage investment in Canada and it was no doubt aware that rejecting this takeover bid was sending a message not in line with its stated goals.

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Source: The Globe & Mail