Why Selling Aecon to China Is a Bad Deal for Canada

It’s up the Trudeau government to determine if Chinese state-owned enterprise (SOE) CCCI’s purchase of construction giant Aecon is of net benefit to Canada.
Why Selling Aecon to China Is a Bad Deal for Canada
An Aecon employee looks at Toronto Pearson International Airport's check-in area. A Chinese state-owned enterprise is looking to acquire the Canadian construction firm, necessitating a government review. Canadian Press/AP, Tobin Grimshaw
Rahul Vaidyanath
Updated:

TORONTO—China is at it again, trying to take over a large Canadian company.

Earlier this year, China said it wanted “unfettered access” to Canada’s economy in a prelude to potential free trade talks. Now, it’s up to the Trudeau government to determine if Chinese state-owned enterprise (SOE) CCCI’s purchase of construction giant Aecon is of net benefit to Canada. Needless to say, the decision will be a critical determinant of Canada’s economic relationship with China going forward.
Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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