Investments in Canadian assets by authoritarian states should trigger national security review: Commons committee

In its report, the committee said it “remains concerned about investments in Canada made by state-owned enterprises which may be undertaken for reasons other than economic.”

But the committee said in its report Tuesday that the review process wasn’t transparent enough. It said it was “concerned about the inability of government officials to provide details regarding the decision-making process in the Neo-Lithium acquisition.” The committee said the government should implement a “formalized and transparent process” by which government agencies give advice regarding decisions under the Investment Canada Act. “For decisions on national security reviews, the process should be led by Canada’s national security agencies before they report to Innovation, Science and Economic Development Canada.”Article content

And if the US Executive or Congress should fall under Republican control....?

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