Canada Orders Chinese Companies To Divest From Its Critical Minerals Sector ...Middle East

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Canada Orders Chinese Companies To Divest From Its Critical Minerals Sector
The Canadian federal government has ordered three Chinese companies to sell their stakes in Canadian businesses involved in critical mineral production, after a national security review. The order, which came from innovation minister Francois-Philippe Champagne, aims at limiting foreign company participation in Canada’s resource sector, especially in the critical mineral segment, according to Global News. “While Canada continues to welcome foreign direct investment, we will act decisively when investments threaten our national security…

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