Sunday, February 5, 2023
No Result
View All Result
  • Media
Support Us
Macdonald-Laurier Institute
  • Home
  • About
    • Who We Are
    • Who Makes MLI Work
    • Tenth Anniversary
    • Jobs
  • Experts
    • Experts Directory
    • In Memoriam
  • Issues
    • Domestic Policy Program
      • Agriculture and Agri-Food
      • Canada’s Political Tradition
      • Economic policy
      • Energy
      • Health Care
      • Innovation
      • Justice
      • Social issues
      • Telecoms
    • Foreign Policy Program
      • Foreign Affairs
      • National Defence
      • National Security
    • Indigenous Affairs Program
  • Projects
    • COVID and after: A mandate for recovery
    • COVID Misery Index
      • Beyond Lockdown
    • Provincial COVID Misery Index
    • Centre for Advancing Canada’s Interests Abroad
      • Dragon at the Door
      • The Eavesdropping Dragon: Huawei
    • An Intellectual Property Strategy for Canada
    • Speak for Ourselves
    • Canada and the Indo-Pacific Initiative
    • DisInfoWatch.org
    • The Transatlantic Program
    • Indigenous Prosperity at a Crossroads
      • Aboriginal Canada and Natural Resources
    • Talkin’ in the Free World with Mariam Memarsadeghi
    • Past Projects
      • Justice Report Card
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
      • Fiscal Reform
      • The Canadian Century project
      • Fixing Canadian health care
      • Internal trade
      • From a mandate for change
      • Size of government in Canada
  • Events
    • Upcoming Events
    • Past Events
      • MLI Dinners
      • Great Canadian Debates
  • Latest News
  • Libraries
    • Inside Policy Magazine
      • Inside Policy Back Issues
      • Inside Policy Blog
    • Papers
    • Columns
    • Books
    • Commentary
    • Straight Talk
    • Video
    • Multimedia
    • Podcasts
    • Leading Economic Indicator
    • Labour Market Report
    • MLI in the Media
  • Home
  • About
    • Who We Are
    • Who Makes MLI Work
    • Tenth Anniversary
    • Jobs
  • Experts
    • Experts Directory
    • In Memoriam
  • Issues
    • Domestic Policy Program
      • Agriculture and Agri-Food
      • Canada’s Political Tradition
      • Economic policy
      • Energy
      • Health Care
      • Innovation
      • Justice
      • Social issues
      • Telecoms
    • Foreign Policy Program
      • Foreign Affairs
      • National Defence
      • National Security
    • Indigenous Affairs Program
  • Projects
    • COVID and after: A mandate for recovery
    • COVID Misery Index
      • Beyond Lockdown
    • Provincial COVID Misery Index
    • Centre for Advancing Canada’s Interests Abroad
      • Dragon at the Door
      • The Eavesdropping Dragon: Huawei
    • An Intellectual Property Strategy for Canada
    • Speak for Ourselves
    • Canada and the Indo-Pacific Initiative
    • DisInfoWatch.org
    • The Transatlantic Program
    • Indigenous Prosperity at a Crossroads
      • Aboriginal Canada and Natural Resources
    • Talkin’ in the Free World with Mariam Memarsadeghi
    • Past Projects
      • Justice Report Card
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
      • Fiscal Reform
      • The Canadian Century project
      • Fixing Canadian health care
      • Internal trade
      • From a mandate for change
      • Size of government in Canada
  • Events
    • Upcoming Events
    • Past Events
      • MLI Dinners
      • Great Canadian Debates
  • Latest News
  • Libraries
    • Inside Policy Magazine
      • Inside Policy Back Issues
      • Inside Policy Blog
    • Papers
    • Columns
    • Books
    • Commentary
    • Straight Talk
    • Video
    • Multimedia
    • Podcasts
    • Leading Economic Indicator
    • Labour Market Report
    • MLI in the Media
No Result
View All Result
Macdonald-Laurier Institute

Blocking Aecon deal the right decision: MLI experts

May 24, 2018
in Latest News, Releases
Reading Time: 2 mins read
A A

Macdonald-Laurier InstituteOTTAWA, ON (May 24, 2018): The federal government has just announced it is blocking the Chinese state-owned enterprise CCCI’s takeover bid of Aecon Group on national security grounds.

The Macdonald-Laurier Institute has been the leader in Canada in raising tough questions about the ambitions of the Chinese regime and the risk of foreign investment by Chinese state-owned enterprises in Canada, including the Aecon deal.

Leading thinkers such as MLI Munk Senior Fellows Duanjie Chen and Shuvaloy Majumdar, former head of CSIS Ward Elcock, and former National Security Advisor Richard Fadden have argued on MLI’s platforms that Chinese SOEs are not private economic actors responding to market incentives, but agents and representatives of the Chinese state under the control of the Chinese Communist Party.

The dangers posed by Chinese SOEs were well documented in articles and op-eds by Duanjie Chen, as well as Shuvaloy Majumdar and Sean Speer.

“These SOEs engage in activities that are contrary to Canada’s interests and policies,” said MLI Managing Director Brian Lee Crowley. “This includes CCCI, which among other things was a key player in the construction of militarised islands in disputed waters in the South China Sea.”

Several years ago, MLI helped to inform the government’s actions on the China and National Offshore Oil Company’s (CNOOC) proposed takeover of Nexen with public commentary and a high-level panel event.

Today, we have been at the forefront of arguing that CCCI’s takeover bid for Aecon posed a national security risk and needed to be rejected. In April 2018, MLI held a panel event that brought together leading thinkers on the economic and security implications of closer ties with China. Speakers, including Chen and Elcock, as well as professor Charles Burton, were unanimous in their concern over the CCCI-Aecon deal. The event generated significant media attention.

“The CCCI-Aecon deal is not a plain commercial case but an integral part of China’s national strategy,” noted Chen in a recent commentary on this subject.

“It was for this reason that we successfully made the case for limiting Chinese takeovers in the natural resource sector during the debate over the Nexen transaction,” said Crowley. “We have continued to express these national security concerns as China has shifted its focus to acquisitions in other strategic sectors.”

“The decision taken by the Canadian government to kill the Aecon takeover is laudable,” said Majumdar. “The rule of law is a cornerstone for economic prosperity at home and abroad.”

***

The Macdonald-Laurier Institute is the leading independent federal public policy think tank in Ottawa.

For more information, please contact:

David Watson
MLI Managing Editor and Communications Director
613.482.8237 x103
david.watson@macdonaldlaurier.ca

Tags: AeconBrian Lee CrowleyChinaDuanjie CheninvestmentShuvaloy Majumdar
Previous Post

Ontario, First Nations take giant step toward reconciliation with revenue-sharing deal: Coates and Crozier in The Globe

Next Post

Breaking the long arm of Kremlin corruption and abuse: Gary Caroline and Marcus Kolga in The Star

Related Posts

Stronger enforcement of the Competition Act is better than a dramatic overhaul
Commentary

Stronger enforcement of the Competition Act is better than a dramatic overhaul

February 2, 2023
Most Canadians think prisons should continue to house male and female prisoners separately
Releases

Most Canadians think prisons should continue to house male and female prisoners separately

February 2, 2023
Defending democracies from disinformation: A new imperative for Canada-Japan strategic cooperation
Past Events

Webinar panel video: Defending democracies from disinformation – A new imperative for Canada-Japan strategic cooperation

February 2, 2023
Next Post
Marcus Kolga

Breaking the long arm of Kremlin corruption and abuse: Gary Caroline and Marcus Kolga in The Star

Macdonald-Laurier Institute

323 Chapel Street, Suite #300
Ottawa, Ontario
K1N 7Z2 Canada

613.482.8327

info@macdonaldlaurier.ca
MLI directory

Follow us on

Newsletter Signup

First Name
Last Name
Email Address

Support Us

Support the Macdonald-Laurier Institute to help ensure that Canada is one of the best governed countries in the world. Click below to learn more or become a sponsor.

Support Us

Inside Policy Magazine

  • Current Issue
  • Back Issues
  • Advertising
  • Inside Policy Blog
  • Privacy Policy

© 2021 Macdonald-Laurier Institute. All Rights reserved.

No Result
View All Result
  • Home
  • About
    • Who We Are
    • Who Makes MLI Work
    • Tenth Anniversary
    • Jobs
  • Experts
    • Experts Directory
    • In Memoriam
  • Issues
    • Domestic Policy Program
      • Agriculture and Agri-Food
      • Canada’s Political Tradition
      • Economic policy
      • Energy
      • Health Care
      • Innovation
      • Justice
      • Social issues
      • Telecoms
    • Foreign Policy Program
      • Foreign Affairs
      • National Defence
      • National Security
    • Indigenous Affairs Program
  • Projects
    • COVID and after: A mandate for recovery
    • COVID Misery Index
      • Beyond Lockdown
    • Provincial COVID Misery Index
    • Centre for Advancing Canada’s Interests Abroad
      • Dragon at the Door
      • The Eavesdropping Dragon: Huawei
    • An Intellectual Property Strategy for Canada
    • Speak for Ourselves
    • Canada and the Indo-Pacific Initiative
    • DisInfoWatch.org
    • The Transatlantic Program
    • Indigenous Prosperity at a Crossroads
      • Aboriginal Canada and Natural Resources
    • Talkin’ in the Free World with Mariam Memarsadeghi
    • Past Projects
      • Justice Report Card
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
      • Fiscal Reform
      • The Canadian Century project
      • Fixing Canadian health care
      • Internal trade
      • From a mandate for change
      • Size of government in Canada
  • Events
    • Upcoming Events
    • Past Events
      • MLI Dinners
      • Great Canadian Debates
  • Latest News
  • Libraries
    • Inside Policy Magazine
      • Inside Policy Back Issues
      • Inside Policy Blog
    • Papers
    • Columns
    • Books
    • Commentary
    • Straight Talk
    • Video
    • Multimedia
    • Podcasts
    • Leading Economic Indicator
    • Labour Market Report
    • MLI in the Media

© 2021 Macdonald-Laurier Institute. All Rights reserved.

IDEAS CHANGE THE WORLD!Have the latest Canadian thought leadership delivered straight to your inbox.
First Name
Last Name
Email address

No thanks, I’m not interested.