No Result
View All Result
  • Login
Monday, September 15, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Canadian govt orders Chinese firm Hikvision to cease operations over national security concerns

by FeeOnlyNews.com
3 months ago
in Business
Reading Time: 2 mins read
A A
0
Canadian govt orders Chinese firm Hikvision to cease operations over national security concerns
Share on FacebookShare on TwitterShare on LInkedIn


The Canadian government has ordered Chinese video surveillance equipment maker Hikvision to cease all operations in the country and close its Canadian business over national security concerns, Canada’s Minister of Innovation, Science and Industry, Melanie Joly, announced on Friday (local time).

Melanie Joly noted that the government has determined that Hikvision Canada Inc.’s continued operations in Canada would be detrimental to Canada’s national security.

In a statement, Joly stated, “Following a National Security Review under the Investment Canada Act, the Government of Canada has ordered Hikvision Canada Inc. to cease all operations in Canada and close its Canadian business.””The government has determined that Hikvision Canada Inc.’s continued operations in Canada would be injurious to Canada’s national security. This determination is the result of a multi-step review that assessed information and evidence provided by Canada’s security and intelligence community,” she added.

Joly stated, “The scope of this National Security Review under the Investment Canada Act does not extend to Hikvision’s affiliate operations outside of Canada.”

Live Events

Melanie Joly encouraged all Canadians to take note of this decision and make their own decisions accordingly. Furthermore, the Canadian government has banned the purchase or use of Hikvision products in government departments, agencies, and crown corporations.

— melaniejoly (@melaniejoly)

She stated, “The Government of Canada is further conducting a review of existing properties to ensure that legacy Hikvision products are not used going forward. The Government of Canada welcomes foreign investment – but will never compromise on Canada’s national security.”



Source link

Tags: CanadianceaseChineseConcernsfirmGovtHikvisionNationalOperationsOrdersSecurity
ShareTweetShare
Previous Post

Jio BlackRock: Jio BlackRock gets Sebi nod for broking business

Next Post

“Iran has to get back into world order flow…”: US President Trump

Related Posts

Australia’s financial regulator slaps a 0 million fine on ANZ, its largest ever on a single entity

Australia’s financial regulator slaps a $160 million fine on ANZ, its largest ever on a single entity

by FeeOnlyNews.com
September 15, 2025
0

Australia’s ANZ, one of the country’s “big four” banks, has agreed to pay a record fine of $240 million Australian...

Construction begins on Israel’s tallest residential tower

Construction begins on Israel’s tallest residential tower

by FeeOnlyNews.com
September 15, 2025
0

Israel's tallest residential tower will be built in the heart of Ramat Gan's Diamond Exchange district. Ramat Ran Municipality...

Stock market risk-reward now in favour, time to deploy cash: Kotak MF’s Atul Bhole

Stock market risk-reward now in favour, time to deploy cash: Kotak MF’s Atul Bhole

by FeeOnlyNews.com
September 14, 2025
0

After nearly a year of time correction and muted returns, Kotak Mutual Fund’s Atul Bhole believes the stock market’s risk-reward...

Dollar steadies ahead of Fed meeting

Dollar steadies ahead of Fed meeting

by FeeOnlyNews.com
September 14, 2025
0

The dollar held steady on Monday ahead of a pivotal week filled with central bank decisions led by the Federal...

Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

by FeeOnlyNews.com
September 14, 2025
0

President Donald Trump on Sunday said foreign workers sent to the United States are “welcome” and he doesn’t want to...

Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

by FeeOnlyNews.com
September 14, 2025
0

By Casey Hall SHANGHAI (Reuters) -China's leaders have pledged to put an end to aggressive price cuts by some Chinese...

Next Post
“Iran has to get back into world order flow…”: US President Trump

"Iran has to get back into world order flow...": US President Trump

Ethereum Network Is Heating Up While Price Stalls, Is a Breakout Coming?

Ethereum Network Is Heating Up While Price Stalls, Is a Breakout Coming?

  • Trending
  • Comments
  • Latest
1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

August 17, 2025
Of Property Rights, Civil Society, and Shampoo

Of Property Rights, Civil Society, and Shampoo

September 1, 2025
Engine Capital takes a stake in Avantor. Activist sees several ways to create value

Engine Capital takes a stake in Avantor. Activist sees several ways to create value

August 16, 2025
James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

September 2, 2025
Vanguard reaches .5M SEC settlement

Vanguard reaches $19.5M SEC settlement

August 29, 2025
RBC wealth revenue rises despite recruiting costs

RBC wealth revenue rises despite recruiting costs

August 27, 2025
5 fintechs that could IPO after Klarna

5 fintechs that could IPO after Klarna

0
Leerink Partners Remains Bullish on Merck & Co. (MRK)

Leerink Partners Remains Bullish on Merck & Co. (MRK)

0
Stock market risk-reward now in favour, time to deploy cash: Kotak MF’s Atul Bhole

Stock market risk-reward now in favour, time to deploy cash: Kotak MF’s Atul Bhole

0
Hoisted from Comments: “Nuclear Waste Is a Myth the US Promoted….”

Hoisted from Comments: “Nuclear Waste Is a Myth the US Promoted….”

0
UK Trade Groups Push for Blockchain Inclusion in Tech Deal With U.S.

UK Trade Groups Push for Blockchain Inclusion in Tech Deal With U.S.

0
Could a “Money Date” Save Your Marriage More Than Counseling?

Could a “Money Date” Save Your Marriage More Than Counseling?

0
5 fintechs that could IPO after Klarna

5 fintechs that could IPO after Klarna

September 15, 2025
Australia’s financial regulator slaps a 0 million fine on ANZ, its largest ever on a single entity

Australia’s financial regulator slaps a $160 million fine on ANZ, its largest ever on a single entity

September 15, 2025
Hoisted from Comments: “Nuclear Waste Is a Myth the US Promoted….”

Hoisted from Comments: “Nuclear Waste Is a Myth the US Promoted….”

September 15, 2025
Construction begins on Israel’s tallest residential tower

Construction begins on Israel’s tallest residential tower

September 15, 2025
Stock market risk-reward now in favour, time to deploy cash: Kotak MF’s Atul Bhole

Stock market risk-reward now in favour, time to deploy cash: Kotak MF’s Atul Bhole

September 14, 2025
Ethereum Price Pullback Limited – Support Levels Could Spark Upside Again

Ethereum Price Pullback Limited – Support Levels Could Spark Upside Again

September 14, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • 5 fintechs that could IPO after Klarna
  • Australia’s financial regulator slaps a $160 million fine on ANZ, its largest ever on a single entity
  • Hoisted from Comments: “Nuclear Waste Is a Myth the US Promoted….”
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.