This feels like exactly what the "Net Benefit" test was designed for, no? Canada has a long history of foolishly allowing key home-owned or home-grown technologies to be sold to US interests. Surely in 2026 stopping this sale is a no-brainer.
A payment processing company responsible for approximately one in three payment transactions across Canada will soon be owned by an American private equity firm. ici.radio-canada.ca/rci/en/news/...
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