The document, an advance copy of which was seen by Bloomberg, doesn’t outline specific amendments to the law, but says Canada will act “decisively when investments from state-owned enterprises and other foreign entities threaten our national security.” It’s part of a section on the country’s new approach toward China, which Trudeau’s government describes as an “increasingly disruptive global power” that disregards international rules and norms.
“We need to make sure we protect our national security, period,” Melanie Joly, Canada’s foreign minister, said in an interview at Bloomberg’s offices in Montreal. “The goal of reopening this act is really to make sure that we have an approach that is much more transparent and that brings predictability.”
Lithium decision
Canada has already moved to limit Chinese investment in some critical minerals, ordering Chinese firms to divest from three junior lithium…
