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Canada Blocks Sale of Space Tech Company To US

Posted by kdawson on from the no-dice-eh dept.

Dave Knott writes "The Canadian federal government has blocked the $1.3-billion sale of the space technology division of MacDonald, Dettwiler and Associates to Alliant Techsystems, a major US defense contractor. Industry Minister Jim Prentice is quoted as saying he is 'not satisfied' the sale will be a net benefit for Canada. MDA is Canada's leading developer of space-based technology, including the famous CanadArm and the recently installed space station robot Dextre."

2 of 230 comments (clear)

  1. Re:Net benefit? by canuck57 · · Score: 0, Flamebait

    How is the sale of a Canadian company to US interests ever a net benefit for Canada? I've lost track of the companies that used to be Canadian owned, even a part of Canada's national identity (Tim Hortons), that have been sold off to make a penny.

    Gets them off the government dole. Gets them out of the taxpayers pockets.

  2. Re:Real Reason by hey! · · Score: 0, Flamebait

    P.S: US please dont take this seriously, we still love you, eh.


    Umm, don't take this the wrong way, but you're a Canadian and you thought that Americans might take your geopolitical views seriously? It's not something to be proud of, but I doubt that people even in a place like Buffalo NY ever think about Canada except in conjunction with hockey or obnoxious Francophone tourists.
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