Home Forex Canada orders three Chinese firms to divest investments in critical minerals firms

Canada orders three Chinese firms to divest investments in critical minerals firms

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Canada orders three Chinese firms to divest investments in critical minerals firms

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Canada citing national security concerns.

Via Reuters:

  • The government ordered the divestiture after a “rigorous scrutiny” of foreign firms by Canada’s national security and intelligence community, Industry Minister Francois-Philippe Champagne said in a statement.
  • “While Canada continues to welcome foreign direct investment, we will act decisively when investments threaten our national security and our critical minerals supply chains, both at home and abroad”

More at that link above.

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