Press secretary for Innovation Minister did not say whether Canada would consider similar measures against Chinese advancement in some technology sectors
Canadian officials are consulting with Washington about how to deal with an executive order President Joe Biden signed Wednesday to prohibit some new U.S. investment in China in sensitive technologies like computer chips.authorizes the U.S. Treasury Secretary to prohibit or restrict U.S. investments in Chinese entities in three sectors: semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.
Audrey Champoux, press secretary for Innovation Minister François-Philippe Champagne said officials from the department as well as Global Affairs and Finance are “in close contact with their U.S. counterparts regarding the executive order outlining the intention to regulate U.S.-outbound investments.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ottawa Tourism launches a Visit Ottawa Pass to checkout several attractionsThe new 'Visit Ottawa Pass' rolls the admission to several attractions into one price point and a virtual ticket.
Read more »
Mooney's Bay Beach open again for swimming after algae testOttawa Public Health says all four monitored public beaches in Ottawa are open for swimming Saturday.
Read more »
Ottawa to speed up critical minerals permits in bid to erode China's dominanceOttawa is hoping to streamline permitting for mining projects to accelerate the production of critical minerals in North America. Read more.
Read more »
Ottawa to speed up critical minerals permits in bid to erode China's dominanceOttawa is hoping to streamline permitting for mining projects to accelerate the production of critical minerals in North America. Read more.
Read more »
Ottawa suspects China targeted Conservative MP Michael Chong in second smear campaignMr. Chong, who received a briefing from Global Affairs Canada on Wednesday, told The Globe and Mail he has no doubt that the People’s Republic of China orchestrated the campaign
Read more »
Ottawa paralegal who killed teen back in businessA law society tribunal has accepted a joint position granting Guillermo Escobedo\u002DHoyo the right to provide legal services again under certain restrictions.
Read more »