Trudeau defends Chinese takeover of Norsa deal
Prime Minister Justin Trudeau sought to allay fears as Hytera Communications plans to acquire Norsat International, a Vancouver based maker of radio transceivers used by the US military and NATO partners. The government said the federal review found no significant national security concerns and allowed the deal to proceed. Trudeau stressed that any foreign investment must not pose a national security risk and rejected assurances from agencies that the takeover was safe. The issue fuels debate on security and liberal China trade talks as Canada eyes market access for domestic producers.
MENTIONED IN THIS ARTICLE
Ottawa
Justin Trudeau
Liberal
Hytera Communications Co. Ltd
Norsat International Inc
Canada
NATO
Trudeau
Investment Canada
Investment Canada Act
China
Donald Trump
Canada eyes win in softwood dispute with U S
Canada argues no subsidies after U S set anti dumping duties on softwood at seven percent, on top of about 20 percent countervailing duties. Jim Carr urges the signals favor a fair trade position as Ottawa pushes a new deal before NAFTA renegotiations. Trudeau remains confident a negotiated settlement will emerge amid ongoing talks with Washington.
MENTIONED IN THIS ARTICLE
Ottawa
Natural Resources
Jim Carr
United States
Canada
U.S. Department of Commerce
U.S
Carr
Commerce
Wilbur Ross
Nova Scotia
Newfoundland
Prince Edward Island
Justin Trudeau
Trudeau
Chrystia Freeland
NAFTA
Randy Hoback
Barack Obama
Hoback
Montana
Obama
Donald Trump
TPP
Trudeau appoints first climate change ambassador with revamped mandate
Jennifer MacIntyre is named Canada's ambassador for climate change with a new mandate to expand international ties, promote Canadian clean technology abroad, and pursue trade and investment opportunities from climate policies. She previously served as ambassador to Switzerland and Liechtenstein.
MENTIONED IN THIS ARTICLE
Trudeau
Jennifer MacIntyre
Canada
Germany
Paris
Macintyre
Switzerland
Liechtenstein
Trump name coming off Toronto tower
The Trump International Hotel and Tower in Toronto will drop the Trump name as owner JCF Capital reaches a deal to buy out management contracts. The branding shift reflects how Trump’s politics have hurt demand for luxury properties, a view supported by academics and market observers citing Canada’s differing political climate and a broader pool of luxury options.
MENTIONED IN THIS ARTICLE
Toronto
Trump
Pankaj Aggarwal
University of Toronto-Scarborough
Canada
U.S
Pew Research Center
Gabor Forgacs
Ted Rogers School of Hospitality and Tourism Management
Ryerson University
Mexico-U.s
Forgacs
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