MDA Space Aurora

Tag Archives: Norsat

Opinion – Canada Must be Extremely Cautious in any Free Trade Deal with China

Canada in Space

Between April 24-28 of this year China and Canada met in Ottawa for the second exploratory discussions on a possible free trade agreement. If Canada moves forward with negotiating a free trade agreement it must ensure that Canada’s domestic space sector is adequately protected, unlike the Comprehensive Economic and Trade Agreement (CETA) agreement with the European Union.

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Norsat Shareholders Approve Sale to Hytera

Norsat at Satellite 2013.

Shareholders of Norsat have approved the sale of the company to China’s Hytera yesterday at their adjourned 2017 annual general and special meeting of securityholders. For the sale to be approved 66.67% was needing from shareholders and securityholders.

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The Sale of Norsat to China’s Hytera is Complicated by Politics

Norsat listed on the TSX, also gets listed on the New York Stock Exchange.

Why is the sale of Norsat all of a sudden become political fodder for the opposition parties? It’s simple really, everything is political when you’re dealing with China and a Liberal government that wants to further engage China. Add in American politics, the U.S military and you’re fuelling the political fire. But is there substance to the opposition outcry regarding the deal?

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