How worried should we be about foreign takeovers?
Right now, Canadian businesses are vulnerable. Many of them are worried they won't survive COVID-19, and that makes them attractive targets for foreign investors. In some cases, it's a win-win: Canada needs foreign capital, and these companies want to acquire assets in a stable and prosperous country. But some of these deals raise real security concerns. When a state-owned Chinese company pays millions more than anyone else is willing to for a Canadian operation...why is that? What do they think they're getting out of it? How can our government balance the need for foreign money with the risk…
The skinny
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