Chinese dairy investor pressed Canada to 'mitigate the risk' of new NAFTA - News Summed Up

Chinese dairy investor pressed Canada to 'mitigate the risk' of new NAFTA


Bidtnes said that Canada Royal Milk was working with Health Canada and the CFIA to "resolve a challenge" with exporting its formula. Feihe is listed on the Hong Kong stock exchange, but its subsidiary, Canada Royal Milk, is incorporated in Canada. It's unclear whether Canada Royal Milk would be eligible for compensation but the Chinese investment has qualified for other federal and provincial support programs. But he said the only formal encounter he's had with Canada Royal Milk was a tour of the construction site in his riding earlier in 2018. But now, the government "is not in discussion with Canada Royal Milk about additional future investments," Comeau said.


Source: CBC News September 29, 2020 07:52 UTC



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