China Plans To Put Communist Party In Control Of Aecon After Taking Historic Canadian Company

As many have warned, state-owned companies exist to serve the interests of China’s Communist Party, and those interests don’t line up with Canada.

There are more warnings about China’s takeover of Aecon – a historic Canadian construction company.

Aecon’s competitors are warning against the move, because the company will be controlled by the Communist Party of China.

The company officially buying Aecon is called China Communications Construction Co (CCCC).

As noted by the Globe & Mail, “The Chinese government has a 63-per-cent stake in CCCC. In recent years, the company has helped Beijing assert sovereignty over the disputed South China Sea. National security agencies in Canada and the U.S. have warned that companies under Beijing’s control aren’t just commercial operations and could potentially pass along information that would hurt Canadian interests.”

Now, it is being confirmed that China will be installing a “unit” of the Chinese Communist Party within Aecon. This means the Communist Party will clearly be dominating the decisions made by the company, which is not good for Canadians or our allies.

It’s a huge loss of Canadian sovereignty, and it obviously needs to be stopped. Canada must retain control of our large and historic companies, because if we keep losing them we become weaker and weaker.

Of course, the Trudeau government has pathetically bowed down to China over and over again, and the government seems to have no desire to block the deal.

Once again our nation is being sold off to China, and our so-called “leaders” are doing nothing to stop it.

Spencer Fernando

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SpencerFernandoBruce MillerDan Van NinhuysCatanddogDel Recent comment authors
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larry
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larry

You talk about Aecon as they are a wonderful Canadian company doing business by the book. Well do your home work as these guys and the Royal Bank are a bunch of slim Follow Cow Harbor Construction

Bruce
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Bruce

Larry, Aecon may not be squeaky clean but you don’t approve a Communist takeover !!!

Bruce
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Bruce

Can we all agree that Justin Trudea is on a personal mission to destroy Canada? RCMP and CSIS should be investigating. Canadian people need to know. We probably need American assistance to prevent further deterioration of our security and democracy.

Muriek Altiparmakyan
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Muriek Altiparmakyan

I am praying the Trudeau Gov don’t go ahead with this.

Del
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Del

Based on the Communist Chinese Government history when buying into foreign countries, Trudeau’s Communist friends will drastically underbid all other companies at a horrendous loss and eventually put them out of business. Remember, this has the financial support of the Communist Chinese Government. They are prepared to lose billions as long as they can achieve monopoly, power and control. Of course this destruction of Canada’s corporations will be with full approval and support of Trudeau. Just like the Eastern Pipeline, he will make changes in Legislation that will wipe out any competition to his Chinese donors. Once Trudeau’s Chinese Communist… Read more »

Catanddog
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Catanddog

Spencer, is Acecon the construction company that the NDP in BC are hiring to build the Site-C dam. You know, the dam the NDP cancelled, then decided to start again after Trudeau went to China? It will bring Chinese workers. So, after it was cancelled were Canadian jobs lost? To be replaced by Chinese workers?

Del
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Del

Aecon was involved right from the start but the NDP didn’t hire them, the Liberals did. It doesn’t seem to matter if Political Parties are Provincial or Federal, there is no difference in their philosophies, thinking or actions. The Liberals complained when Harper allowed the sale of a tar sands company to China, but Trudeau is actively selling off some pretty serious companies. An advanced satellite communications company in Vancouver, a leading edge laser company in Quebec, a huge Seniors care corporation in BC to a Chinese Communist “Insurance” company that instantly started abusing residents and staff. Trudeau and his… Read more »

Dan Van Ninhuys
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Dan Van Ninhuys

I was one of the shareholders that voted against this sale.

Bruce Miller
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Bruce Miller

How is this going to be worst than the inhumane and outright screwing Tim Hortons , Burger King, Dairy Queen, McDonalds are giving our young students on thier first jobs?
ever buy a Rusty Ford, A Ford Pinto? A Corvair, an Edsel? A buick V8 that came off the showroom floor with piston slap? Do you know that most dyes and flavorings in US Food are protected by “Proprietary” laws? Did you know that Trump gutted the USFDA just this year? Did you know that they approve of foods eaten in Canada and are taken at face value?

Del
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Del

Entry level jobs, no matter what industry, are not meant to provide money for a family, house, car, vacations and multiple cell phones. We all start at the bottom and work our way up. Unfortunately today’s 18 – 25 yr olds expect to start at Middle management with massive benefits and holidays. They seem to forget that a lot of the benefit of those jobs isn’t in wages but in learning responsibility and how to work with others, to follow orders and to do their job as they are expected to do. It’s called experience, something to put on a… Read more »