MPs call for new measures to rein in Canadian pension investments in China

The House of Commons special committee studying Canada-China relations is urging the federal government to introduce new measures to prevent Canadian pension funds from investing in Chinese companies implicated in human rights abuses, corruption or threats to national security. The committee’s report, tabled in the House of Commons this week, calls on Ottawa to, in partnership with … Read more

Ottawa getting $40 million refund from former parent company of Quebec COVID vaccine maker

Ottawa will be getting a $40 million refund after it gave Quebec City-based biopharmaceutical company Medicago more than $300 million to develop and manufacture a home-grown COVID-19 vaccine that never made it to market. The news comes after Conservative, Bloc and NDP MPs on the House of Commons health committee grilled staff from Canada’s procurement department this … Read more