The Canada Investment Act review begins in September 2023, he said. Champagne added that they are informing Canadians about the results of the review and possible actions on the issue.
It was also announced in March 2023 that foreign investment in Canada’s interactive digital media sector would be subject to “intensive scrutiny.” Under the new regulation, investors who spread disinformation or manipulate information in a way that harms national security may face mitigating measures or even a ban.
We note that the investigation in Canada is not related to proposed legislation in the United States that would require Chinese owners to sell or cease TikTok’s operations in the United States.
Source: Ferra
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