Government of Canada orders the wind up of TikTok Technology Canada, Inc. following a national security review under the Investment Canada Act
Government of Canada orders the wind up of TikTok Technology Canada, Inc. following a national security review under the Investment Canada Act
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, made the following statement
[...] the Government of Canada has ordered the wind up of the Canadian business carried on by TikTok Technology Canada, Inc. The government is taking action to address the specific national security risks related to ByteDance Ltd.’s operations in Canada through the establishment of TikTok Technology Canada, Inc. [...]
[...] The government is not blocking Canadians’ access to the TikTok application or their ability to create content. The decision to use a social media application or platform is a personal choice. [...]
Sooo, what's the goal here? How does this help, or effect, Canadians?
I think it’s to mean that the company can’t have any actual operations taking place on Canadian soil maybe? Like no offices/servers etc.?
But, what does that actually achieve besides limiting Canada's ability to, for example, seize assets? TikTok, being a digital platform, isn't very dependent on regional presence; it's not like you've gotta head to their offices to post/view content.
If TikTok/ByteDance isn't complying with Canadian laws/standards, Canada no longer has leverage to influence change.
How does this actually 'harm' TikTok and/or protect Canadians?
That’s great. Now do housing!
They do this kind of pointless control to distract from their ceaseless service of capital.
now do US and Chinese oil companies...
Them too!