It's difficult for me to comment on a transaction for which I don't have all the details. The Investment Canada Act governs transactions between foreign entities and Canadian companies.
That being the case, an analysis of the facts would be required to determine what's happening. What I understand from your example is that we are talking about an acquisition of equipment rather than an acquisition of a company. Since I don't have all the details, I can't really answer. We need to stay within the bounds of what the Investment Canada Act covers, which is transactions involving Canadian companies.