Cranes unload international cargo containers at the port in Vancouver on Tuesday, April 25, 2023. The Business Council of Canada says the federal government should do more to protect Canadian firms from foreign interference.
The group — which has a long, influential history of pushing for policies like free trade, fiscal responsibility and tax reform — said it believes Canada is deeply vulnerable in this era of renewed great power competition. "It's important for Canadians to recognize that all sectors of the Canadian economy are the subject of attacks from state-sponsored actors," said Trevor Neiman, vice-president of policy at the Business Council of Canada."This includes strategically important businesses and sectors of the Canadian economy and these attacks have real-world implications for Canadians' economic safety, security and prosperity.
"However, strategic threat actors actively target all aspects of Canadian society to advance their strategic interests to our detriment." In 2022, the director of CSIS was tasked by the public safety minister with ensuring that "organizations working in sensitive domains are aware of current and emerging economic security threats." In its report, the Business Council pointed out the agency doesn't have the legislative authority to do that.
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