Liberals reverse course on Chinese takeover of Montreal high-tech firm

By News on the Net -- Globe & Mail —— Bio and Archives March 29, 2017

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The Trudeau government has approved a Chinese takeover of a Montreal high-tech firm, a deal that national-security agencies had warned Ottawa in 2015 would undermine a technological edge that Western militaries have over China. Hong Kong-based O-Net Communications announced on Monday that Prime Minister Justin Trudeau’s cabinet had given it the green light to acquire ITF Technologies, a leader in fibre-laser technology. -- More...