
Crypto Investment Entry and Exit Strategies of Institutional Investors
Section: Business
The Canadian government has mandated the closure of Hikvision Canada, a subsidiary of the Chinese surveillance technology firm Hikvision. This decision was announced by the Minister of Innovation, Science and Industry, Mélanie Joly, following a national security review that concluded continued operations by Hikvision Canada posed a risk to the nation's safety.
The investigation specifically targeted the Canadian branch of Hikvision, and while the firm is barred from conducting business within Canada, products from Hikvision that are imported from other countries can still be purchased, although the government advises against their acquisition for state use.
Details regarding the specific security threats identified by the Canadian government linked to Hikvision's operations were not disclosed. The company has publicly criticized the government's ruling, arguing that it lacks a solid foundation, fair process, and transparency, suggesting that the decision is influenced by unfounded biases against its Chinese origins. Hikvision contends that this resolution deprives Canadian consumers and businesses of access to affordable, high-quality surveillance solutions.
Hikvision has been under scrutiny from various Western governments for some time. In the United States, for example, the import and sale of Hikvision products have been prohibited for several years. Similarly, in the United Kingdom, the use of Hikvision devices is restricted in certain government buildings.
Allegations against Hikvision include complicity in the suppression of the Uighur Muslim minority in the Xinjiang region of China. Reports surfaced in late 2023 revealing that the company had installed surveillance technology at a university in China that was designed to alert authorities if students were caught fasting.
As Canada moves forward with this decision, the implications for Hikvision's operations and the broader surveillance technology market remain to be seen, especially in light of increasing concerns over national security and privacy in relation to foreign surveillance products.
Section: Business
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Section: Arts
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Section: Health
Section: Arts
Section: News
Section: News
Health Insurance in Germany is compulsory and sometimes complicated, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.
Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.
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