No. My understanding of the law is that it would not prevent Canada from preventing such an acquisition from being made.
Obviously, on the issue of the nature of the mineral product, if it is rare earths, for example, it would obviously be of much more concern than if it is something more innocuous like, say, tin or whatever. Obviously, all of those issues are important in looking at any acquisition by the Chinese and any takeover by the Chinese. In the event that there were to be such a takeover or an acquisition, the government could take action if it believed that it was a national security risk.