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For BlackBerry, it is globalisation abroad and protectionism at home

Category :India Sub Category :National,Business
2009-08-06 00:00:00
   Views : 353

Reports say opposition MPs would try to pressure for the Tory government to spike the sale to Ericsson.

The panel discussion follows its last year's rejection of the foreign takeover of space assets of Canada's MacDonald Dettwiler and Associates Ltd. (MDA) in the name of loss of key technology to foreigners, Canadian taxpayers' investment in the company, and national security.

The parliamentary committee will question Ericsson Canada president Mark Henderson about the implication for Canada of this sale. BlackBerry co-CEO and founder Mike Lazaridis may be asked to explain what implications the sale to a foreign company will have for Canada's technology sector and national security.

The opposition calls the deal 'murky' and wants the government to safeguard national interest.

The same committee had last year rejected the sale of space assets of MacDonald Dettwiler and Associates Ltd (MDA) to America's Alliant Techsystems, forcing the government to stop foreign takeover a Canadian company for the first time in decades.

Canadian multinationals may be on the prowl for acquisitions abroad, but at home they shamelessly preach protectionism.




Author :Gurmukh Singh



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