Canada: Issued order to dissolve Bluvec Technologies and Pegauni Technology under the Canadian Investment Act
Description
Issued order to dissolve Bluvec Technologies and Pegauni Technology under the Canadian Investment Act
On 24 May 2024, the Department for Innovation, Science and Economic Development of the Government of Canada issued an order to dissolve Bluvec Technologies Inc. and Pegauni Technology Inc. due to national security concerns. Both companies were serve…
Scope
Policy Area
Foreign direct investment
Policy Instrument
MNE: Entry and ownership rule
Regulated Economic Activity
other service provider, software provider: other software
Implementation Level
national
Government Branch
executive
Government Body
central government