Half a year into the federal government’s review of the takeover of Aecon by a Chinese state-owned construction firm, the implications for business and the global world order loom larger than ever.
Canada is desperate to attract foreign capital to revitalize its infrastructure, and the Liberal government wants to do more business with China, including potentially a free trade agreement. But the Canadian situation should differ from a number of less developed countries that can’t say no to Beijing’s deep pockets for infrastructure support. And this requires the right policy that provides clarity to business and defines Canada’s relationship with China.