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Morneau not committing to keeping tougher foreign investment scrutiny post-coronavirus

Bill Morneau Mercedes Stephenson China Canada Saudi Arabia Coronavirus
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Despite warnings from national security experts that Canada needs a strategy to deal with hostile foreign takeover attempts post-coronavirus, Finance Minister Bill Morneau won’t say whether the government will consider keeping new rules in place after the economic crisis ends.

In an interview with The West Block‘s Mercedes Stephenson, Morneau was asked about a warning issued by the federal spy agency CSIS last week on the threat posed by hostile foreign takeovers of key Canadian companies, and what the government is doing to limit that risk. “We need to make sure we protect our economy for the long term,” Morneau said without offering specifics.

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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
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Brazil
Brazil
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Deaths: 608 235
Recovered: 0
United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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