Thank you, Mr. Chair.
Mr. Bhattacharjee, a recent Borden Ladner Gervais article that you co-authored, “Investment Canada Act aims to protect national security: How to enhance foreign M&A success”, states, “Mergers and acquisitions are now much more likely to be blocked by the Canadian government if they seem to impinge on Canada’s ‘national integrity’ and may be blocked simply because of the potential buyer’s country of origin.” Further down it notes that with the proposed legislation, Canada “will also likely target big data, artificial intelligence, significant intellectual property and other strategic industries.”
Can you provide some examples of cases where the country of origin might be the deciding factor?