OTTAWA — Canada’s ambassador in Beijing says he’s heard no chatter from Chinese officials about security concerns around the Chinese takeover of a Canadian tech firm. Bains had told reporters “every single transaction” is reviewed by national security agencies and “we followed their advice” when Chinese firm Hytera made a bid for B.C. firm Norsat. “We will never compromise on national security,” he said. Other Chinese acquisitions have recently made headlines: Liberals approved the sale of Montreal’s ITF Technologies to a Chinese firm in March, and gave Chinese insurance giant Anbang the go-ahead to purchase a B.C.

Source: National Post June 14, 2017 21:56 UTC