Ottawa changes foreign-investment rules to guard against ‘predatory’ acquisitions amid tariff battle

News Snapshot:

Open this photo in gallery: Francois-Philippe Champagne, Minister of Innovation, Science and Industry of Canada, speaks to reporters in the foyer of the House of Commons before Question Period on Parliament Hill in Ottawa, on Friday, Nov. 24, 2023. THE CANADIAN PRESS/Spencer ColbySpencer Colby/The Canadian Press The federal government has given itself more power to block foreign investments in Canadian companies, a day after sweeping U.S. tariffs on goods from Canada took effect. Ottawa’s guidelines that determine when a foreign investment could face a national-security review were updated on Wednesday to include “the potential of the investment to undermine Canada’s...