Mr. Speaker, the Government of Canada takes issues of national security very seriously and conducts a rigorous assessment of all foreign investments under the Investment Canada Act, ICA, to safeguard Canada’s national security. The ICA includes a multi-step process whereby Innovation, Science and Economic Development Canada; Public Safety Canada; and Canadian national security agencies review foreign investments to determine whether an order under the ICA is necessary to protect national security.
Limited information on such reviews can be disclosed due to their classified nature and to safeguard national security. The confidentiality provision of subsection 36(1) of the ICA also applies in this case and reads as follows: “all information obtained with respect to a Canadian, a non-Canadian, a business or an entity…in the course of the administration or enforcement of this Act is privileged and no one shall knowingly communicate or allow to be communicated any such information”.
When relevant to a particular investment, it is standard procedure to consult with our allies. In the case of Hytera Communications’ acquisition of Norsat International, the Government of Canada consulted with allie,s including the United States. The details of those consultations are classified and cannot be released.