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Global Trade Alert

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Canada: Government orders the dissolution of two foreign-owned firms

Description

On 24 May 2024, the government of Canada ordered the dissolution of Bluvec Technologies Inc and Pegauni Technology Inc, the two foreign-owned Canadian firms, citing national security concerns. The gov...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

24 May 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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