Topic: Tony Clement
TORONTO (Reuters) - Canada has decided against launching a review of the $1.13 billion sale of the wireless assets of bankrupt Nortel Networks to Sweden's Ericsson, Industry Minister Tony Clement said on Wednesday. "I am satisfied that the assets sold fall well below the threshold required for a review under the Investment Canada Act," Clement said at a press ...
OTTAWA (Reuters) - Canadian officials have begun researching whether and what kind of foreign purchases of Nortel Networks assets might be subject to government restrictions, Industry Minister Tony Clement said on Thursday. He told Reuters he was not allowed to review purchases under the Investment Canada Act before there is an agreement, but he has directed his officials to examine what ...
