Liberals waive security review for Chinese takeover of high-tech firm

The Trudeau government is allowing Chinese investors to buy a Vancouver high-tech firm without a formal national security review even though Canada and many of its allies use the company’s patented satellite communications technology for security, public safety and defence.

Hytera Communications of Shenzhen, China, is acquiring Vancouver-based Norsat International Inc., a company with military customers including the Pentagon that is also delivering a satellite communication system this year for the Canadian Coast Guard.

The government decided after a preliminary security screening that further examination of the deal was not necessary.

h/t WS