The Canadian government has exercised its authority under the
national security provisions of the
Investment Canada Act
(ICA) to prohibit Shandong Gold Mining Co., Ltd. (Shandong), a
Chinese state-owned enterprise (SOE), from acquiring Canadian gold
producer TMAC Resources Inc. (TMAC). This decision serves as yet
another reminder to foreign investors of the need to consider the
potential application of the ICA s national security provisions
when planning investments in Canadian businesses.
Following the announcement of the government s decision, a
Canadian gold miner, Agnico Eagle Mines Limited (Agnico), announced
that it had entered into agreements to purchase TMAC in place of
Shandong.
Canada’s defense minister: Our investment in defense is an investment in North American security Harjit Sajjan January 11 For any military force, maintaining an advantage requires innovation and investment. It is why Canada is modernizing our Army, Navy and Air Force while putting our serving members in the Canadian Armed Forces at its core. To ensure our people have the most advanced capabilities and tools for the future, Canada is putting a greater focus on research and development, supporting innovators in industry and in government, and building a closer relationship between these two worlds. Since 2017, when we published our fully funded 20-year defense policy “Strong, Secure, Engaged,” we have seen significant changes in the global security environment. These new challenges underscore the need to invest in defense as a matter of national security and economic vitality. “Strong, Secure, Engaged” was released at a time when the dominant forces of the current
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The world is becoming a more dangerous place, Canada’s top military commander says, with the rise of great-power competition from Russia and China and the uncertainty of American leadership to maintain alliances and shape new ones.
General Jonathan Vance is soon retiring as Chief of the Defence Staff, but offered a stark assessment of the military challenges facing Canada and the world.
Officer Brian Sicknick was an Iraq vet who criticized Bush s war â and died defending democracy
Capitol Police officer came back from Iraq disillusioned with war â and lost his life to the enemy at home
January 11, 2021 12:00PM (UTC) U.S. Capitol Police officers salute as a hearse carrying the body of Officer Brian D. Sicknick, who was killed by rioters Wednesday, passes members of the Capitol and Metropolitan police during a procession on Third Street on Sunday, January 10, 2021. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
May 15, 2015 2:58 PM
The littoral combat ship USS Independence (LCS-2) deploys a remote multi-mission vehicle (RMMV) while testing the ship’s mine countermeasures mission package (MCM) off the southern California coast in August 2013. Austal USA photo.
The Senate Armed Services Committee wants to cut funding for the Littoral Combat Ship’s (LCS) mine countermeasures (MCM) mission package until the program can prove it meets all requirements in its initial operational test and evaluation (IOT&E) this summer. Read More →
May 15, 2015 1:01 PM
The following is Secretary of the Navy Ray Mabus’ May 13, 2015 address to midshipmen at the U.S. Naval Academy.Read More →