TERRIBLE: Massive Canadian Engineering Company Taken Over By China

Aecon will be taken over by a Chinese company for $1.45 billion, as another pillar of Canada’s economy gets taken away by China.

The hollowing-out of Canada’s economy continues.

Yet another Canadian firm has been taken over by a company from China.

Aecon is one of the biggest Canadian-owned engineering firms, but has agreed to be taken over by CCCC International Holding – a Chinese firm.

Former Industry Minister under the Harper Government Tony Clement said the federal government should reject the sale:

“No country in the world – even in a western style democracy – would just let a takeover happen if it’s contrary to the national interest or the security interest of the country,” Clement told BNN in an interview. “Australia does the same thing, the U.K. does the same thing, the Americans do the same thing. So, I don’t think we should be bashful here in looking after our own interests.”

Trudeau government likely to approve the deal

Justin Trudeau never misses a chance to suck up to China, which is why it’s very unlikely he’ll block the takeover. After all, here was his response to the news:

“Obviously this is an extremely important issue. Canada as a general rule is open to investment,” he said. “[The Aecon sale] will be examined very carefully by the Investment Canada Act to ensure that safety and security is not being compromised and ensure that it is in the net benefit of Canadians.”

Weak.

That doesn’t sound like somebody who is about to reject the deal.

What Trudeau and the other globalist elites fail to realize is that dealing with China means dealing with companies that are basically run by the Communist State. It’s not real market competition, and China uses their companies as instruments to enhance national power. By letting China take ownership of one of Canada’s top engineering firms, our nation will become weaker, and more vulnerable both strategically and economically.

Despite what the Bay Street elites might be saying, this deal is terrible news for Canada, and we should all speak out against it.

Spencer Fernando

Photo – YouTube

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Brett Carpendale
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Brett Carpendale

No matter what we think about the Second sale. Or what we say. Those who need to be listening either have their fingers stuck in their ears have their heads so far up trudeau’s butt they can’t hear the people

Nathan
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Nathan

Trudeau is the Oppo-Trump.
I would trade for Trump ANYDAY

Ann
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Ann

I was thinking to ask Trump if he would please adopt Canada before it’s too late for us.

Roy Cunningham
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If we continue to sell our assets to China like this, it won’t be long before our allies in the west will cease to consider us as reliable partners in anything. Doors will close to us and we’ll be considered a Chinese outpost. But Trudeau’s Liberals have never cared about Canadian rights, values or sovereignty.

Del
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Del

Trudeau is a brain dead idiot and has no concept of economy or investment. Selling Canada to the Communist Party of China is NOT an investment, it is just a sale of an existing entity. Investment would be new money for a new endeavor. If he were ever to actually go shopping for groceries, would he think that buying bread, milk and veggies is an investment in the grocery store? This idiot will turn around and spend billions in contracts with the Chinese to build things and they in turn will then charge Canadians for using facilities and structures that… Read more »

Ann
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Ann

He IS stupid but, in this case, he knows exactly what he’s doing. It’s called
“purposeful incompetence”!
All part of the agenda to prepare Canada for Globalization. Hand us over as a “Post National State” in the UN One World Order. Canada will no longer be a sovereign nation unless we stop him!!
In case you haven’t seen this. It’s an older article but he says straight out, his intentions for Canada.
http://torontosun.com/2016/09/14/trudeau-says-canada-has-no-core-identity/wcm/60461a6d-7cb4-42a9-b242-05be9aaea46c

Jen
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Jen

Not surprise what he does as he already decimated our country internationally without batting an eyelid; so for this to happen is part of his destruction to Canada’s economy. Just as long a set of companies is working in his favour to suit and flourish him-THE REST CAN GO TO HELL.

jack grandville
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Another nail in the coffin of Canada — by the ‘Undertaker.’

Paul
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Paul

Trudeau and his liberal government have lost the moral authority to govern Canada!

Peter Fitzpatrick
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Peter Fitzpatrick

“we must fight for equality on all fronts”
Bull S$$T!!!!!
Protect your CANADIAN COMPANIES!!!!!!!!
Expand your CANADIAN COMPANIES
Grow CANADIAN COMPANIES
Fund CANADIAN COMPANIES
Stop spending tax dollars on “prisoners with Canadian citizenship” and INVEST in CANADIAN COMPANIES!!!!!!
This is “See Spot Run Politics” , It should have been covered in “Being a Prime Minister for Dummies” Canadian Edition!!!!

freedomdefencecanada
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freedomdefencecanada

Regardless of the excuses given by people connected with Chinese interests, it is clear that China is making a bid for world domination, and Canada is part of this. I did not take part personally, since I voted Conservative, but every one of the cretins who voted for Trudeau helped this happen. We must now fight for our national identity, something Trudeau wants to decimate. This is the first time we have ever had a P.M. who not only does not care about our identity, but actually wants to eradicate it along with our freedoms. In this sense, Trudeau is… Read more »

Garth Brown
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Garth Brown

I have posted similar comments a couple of times. I like yours. Yes I am 81 And served in the Military for 4 1/2 yrs. That was not a big deal. I was young and full of piss and vinegar. What has happened in the past two years in unbelievable and it is due to our young folks of which the majority have no idea what is going around them and the same on the overall planet. I have family who I have raised a bit of hell with and it went into deaf ears. ,Our P.M. is well aware… Read more »