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Trudeau Signs Emergency Order to Halt Chinese AI Firm Acquisition of Saskatoon Lab - PR News Blog
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Trudeau Signs Emergency Order to Halt Chinese AI Firm Acquisition of Saskatoon Lab - PR News Blog
The Trudeau administration hesitated a long time before blocking a Chinese takeover for the first time in 2018. Before Ottawa stepped in, the proposed acquisition of Aecon Group, a sizable Toronto-based construction company, by CCCC International Holding Ltd. had been underway for several months. National security organizations advised against it. Trudeau objected, claiming that the Aecon agreement “threatened Canadian sovereignty.” It was the f…
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