Last updated on April 18, 2014 at 17:24 EDT

Is the Harper Government Spaced out About Technology?

May 17, 2012

VANCOUVER, May 17, 2012 /CNW/ – In 2008, The Canadian government blocked
the sale of the satellite business of Radarsat lead contractor
MacDonald Dettwiler. The move was the first time in the twenty-three
year history of the Investment Canada Act that the federal government
blocked a foreign takeover because of a failure of the “net benefit”
test. Today with Radarsat funding in limbo, Macdonald Dettwiler is
facing major layoffs. Is the Harper Government underestimating the
importance of technology in Canada? Go to www.cantechletter.com to read the full article.

SOURCE Cantech Letter

Source: PR Newswire