Notorious Chinese Firm Wins Role in Site C Construction
BC Hydro awards contract as Ottawa reviews takeover of Canadian company.
2 Jan 2018
A notorious Chinese state-owned enterprise now has a 30-per-cent stake in a consortium building Site C dam infrastructure after buying Canadian construction giant Aecon last year.
The China Communications Construction Co. Ltd. has a history of corruption and workplace safety issues in projects around the world.
“If Aecon is acquired by CCCI profits from this taxpayer-funded initiative to build and improve the means to enhance Canada’s economic competitiveness — to build our communities for generations to come — would go directly to the government of China.”
“Any Chinese company now has superior rights to a Canadian company,” she said. State-owned enterprises run by China’s government should not be able to challenge or undermine public policy in Canada, May added.
But MacKay notes that Diane Francis, a well-known journalist, has long argued that Canada should not approve Chinese takeovers because Chinese firms don’t play by the rules.