At the press conference, David Reevely from The Logic asked Joly how the money for an American company’s subsidiary jibed with the government’s “elbows up” message.
Since the announcement of the Defence Industrial Strategy, Canada has said it will spend billions on missile systems from Lockheed Martin. National Defence Minister David McGuinty has also argued that Palantir Canada — a branch of the American billionaire-founded artificial intelligence company working with Israel — is a Canadian company.
Eighty-two per cent said Canada should “defend itself without relying too heavily on other countries,” the poll found. U.S. companies, including those operating subsidiaries in Canada, were the least favoured.
Just like with the majority foreign-owned fossil fuel industry in Alberta, ‘our’ Government will give money to foreign/US corporations and sell it to us (with no questions asked by mainstream media) as ‘sovereignty’. Obviously anyone who thinks the CPC offers something better for working Canadians is delusional
I posit that the definitive test is to ask the question ‘If a foreign entity could order the closure of the plant, is it Canadian owned and controlled?’
And if this is accepted as a test, then the question becomes ‘Could a foreign entity order the closure of P&W?’
To answer your question they can’t really do that. Certain industries are deemed important to national interest. Google MDA and their purchase by Maxar and what ensued. MDA is still a Canadian company today.
But my test would still hold. Foreign entity cannot close it, so it is Canadian controlled.