May 21 2020 2:51pm

Coronavirus outbreak: Freeland says government will protect Canadian companies from hostile foreign takeovers

When asked by MP Ed Fast on Thursday during a virtual sitting of the House of Commons about the prospect of foreign investors and foreign hostile takeovers of Canadian companies during the economic downturn caused by COVID-19, Deputy Prime Minister Chrystia Freeland said that the federal government will “always stand up for the national interest” and national security, prohibiting “hostile interests from buying up” Canadian companies.

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