Latest news with #Joly
Canada Standard
6 hours ago
- Business
- Canada Standard
Canadian govt orders Chinese firm Hikvision to cease operations over national security concerns
Ottawa [Canada], June 28 (ANI): The Canadian government has ordered Chinese video surveillance equipment maker Hikvision to cease all operations in the country and close its Canadian business over national security concerns, Canada's Minister of Innovation, Science and Industry, Melanie Joly, announced on Friday (local time). Melanie Joly noted that the government has determined that Hikvision Canada Inc.'s continued operations in Canada would be detrimental to Canada's national security. In a statement, Joly stated, 'Following a National Security Review under the Investment Canada Act, the Government of Canada has ordered Hikvision Canada Inc. to cease all operations in Canada and close its Canadian business.' 'The government has determined that Hikvision Canada Inc.'s continued operations in Canada would be injurious to Canada's national security. This determination is the result of a multi-step review that assessed information and evidence provided by Canada's security and intelligence community,' she added. Joly stated, 'The scope of this National Security Review under the Investment Canada Act does not extend to Hikvision's affiliate operations outside of Canada.' Melanie Joly encouraged all Canadians to take note of this decision and make their own decisions accordingly. Furthermore, the Canadian government has banned the purchase or use of Hikvision products in government departments, agencies, and crown corporations. She stated, 'The Government of Canada is further conducting a review of existing properties to ensure that legacy Hikvision products are not used going forward. The Government of Canada welcomes foreign investment - but will never compromise on Canada's national security.' (ANI)
News18
9 hours ago
- Business
- News18
Canada Orders Chinese Firm Hikvision To Cease Operations Citing National Security Concerns
Last Updated: Canada's Industry Minister Melanie Joly said the government has decided that Hikvision's continued operations in Canada would be detrimental to Canada's national security. In a significant development, the Canadian government has ordered Chinese video surveillance camera-making company Hikvision to halt all operations in the country and close its Canadian business over national security concerns. Canada's Industry Minister, Melanie Joly, said the government has determined that Hikvision Canada's continued operations would be detrimental to Canada's national security. 'Following a National Security Review under the Investment Canada Act, the Government of Canada has ordered Hikvision Canada Inc. to cease all operations in Canada and close its Canadian business," she said in a statement. Joly said this determination was a result of a multi-step review that assessed information and evidence provided by Canada's security and intelligence community. She also said Canada was prohibiting the purchase or use of Hikvision products in government departments, agencies and crown corporations. My statement on Hikvision Canada Inc. following a national security review under the Investment Canada Act: — Mélanie Joly (@melaniejoly) June 28, 2025 'The scope of this National Security Review under the Investment Canada Act does not extend to Hikvision's affiliate operations outside of Canada," she said, while encouraging Canadians to take note of this decision and make their own decisions accordingly. 'The Government of Canada is further conducting a review of existing properties to ensure that legacy Hikvision products are not used going forward. The Government of Canada welcomes foreign investment – but will never compromise on Canada's national security," she added. Hikvision's Canadian and US operations, the parent company and China's foreign ministry did not immediately respond to requests for comment. The company, which calls itself the world's biggest maker of video surveillance equipment, said last year it had exited contracts in Xinjiang through five subsidiaries that were added to a US trade black list in 2023. Last year, the Wall Street Journal reported that Canada was reviewing an application to impose sanctions on four Chinese surveillance-gear companies, including Hikvision, over their alleged role in human-rights violations in Xinjiang. (with agency inputs) First Published: June 28, 2025, 09:01 IST
Canada News.Net
10 hours ago
- Business
- Canada News.Net
Canadian govt orders Chinese firm Hikvision to cease operations over national security concerns
Ottawa [Canada], June 28 (ANI): The Canadian government has ordered Chinese video surveillance equipment maker Hikvision to cease all operations in the country and close its Canadian business over national security concerns, Canada's Minister of Innovation, Science and Industry, Melanie Joly, announced on Friday (local time). Melanie Joly noted that the government has determined that Hikvision Canada Inc.'s continued operations in Canada would be detrimental to Canada's national security. In a statement, Joly stated, 'Following a National Security Review under the Investment Canada Act, the Government of Canada has ordered Hikvision Canada Inc. to cease all operations in Canada and close its Canadian business.' 'The government has determined that Hikvision Canada Inc.'s continued operations in Canada would be injurious to Canada's national security. This determination is the result of a multi-step review that assessed information and evidence provided by Canada's security and intelligence community,' she added. Joly stated, 'The scope of this National Security Review under the Investment Canada Act does not extend to Hikvision's affiliate operations outside of Canada.' Melanie Joly encouraged all Canadians to take note of this decision and make their own decisions accordingly. Furthermore, the Canadian government has banned the purchase or use of Hikvision products in government departments, agencies, and crown corporations.
Time of India
10 hours ago
- Business
- Time of India
Canadian govt orders Chinese firm Hikvision to cease operations over national security concerns
The Canadian government has ordered Chinese video surveillance equipment maker Hikvision to cease all operations in the country and close its Canadian business over national security concerns, Canada's Minister of Innovation, Science and Industry, Melanie Joly, announced on Friday (local time). Melanie Joly noted that the government has determined that Hikvision Canada Inc.'s continued operations in Canada would be detrimental to Canada's national security. In a statement, Joly stated, "Following a National Security Review under the Investment Canada Act, the Government of Canada has ordered Hikvision Canada Inc. to cease all operations in Canada and close its Canadian business." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: 1 simple trick to get all TV channels Techno Mag Learn More "The government has determined that Hikvision Canada Inc.'s continued operations in Canada would be injurious to Canada's national security. This determination is the result of a multi-step review that assessed information and evidence provided by Canada's security and intelligence community," she added. Joly stated, "The scope of this National Security Review under the Investment Canada Act does not extend to Hikvision's affiliate operations outside of Canada." Live Events Melanie Joly encouraged all Canadians to take note of this decision and make their own decisions accordingly. Furthermore, the Canadian government has banned the purchase or use of Hikvision products in government departments, agencies, and crown corporations. — melaniejoly (@melaniejoly) She stated, "The Government of Canada is further conducting a review of existing properties to ensure that legacy Hikvision products are not used going forward. The Government of Canada welcomes foreign investment - but will never compromise on Canada's national security."
Fashion Network
5 days ago
- Business
- Fashion Network
Ralph Lauren names former Burberry CEO as new lead independent director
announced on Friday the appointment of Angela Ahrendts to the role of lead independent director as part of the American luxury brand's board of directors' transition phase. See catwalk Ahrendts' appointment will be effective following her re-election as a director at the 2025 Annual Meeting of Shareholders, taking place on Thursday, July 31. The executive has served on the Ralph Lauren board since August 2018 and is currently the finance committee chair and a member of the nominating, governance, and sustainability committee. A luxury veteran, the executive previously served as CEO of Burberry from 2006 to 2013, before exiting the top spot at the British luxury brand for U.S. tech giant Apple, where she served on its executive team as senior vice president of retail and online stores. She left Apple in 2019. Ahrendts succeeds Hubert Joly, who has served on the New York-based firm's board for 16 years, will not seek reelection. Joining the company's board in 2009, Joly has served as lead independent director since 2021, and played a key role in the board's evolution, resulting in its broadened diversity of backgrounds, skills and experiences, according to a press release. He currently sits on the company's talent, culture and total rewards and finance committees. 'We are proud to have a board comprised of deep, unique and differentiated experiences, all of which continue to contribute to our strength and durability as a business," said Patrice Louvet, president and chief executive officer, Ralph Lauren. "I am grateful for Hubert's guidance over the years, particularly in helping drive our company's performance and transformation and I look forward to working closely with Angela in her expanded role." Following Joly's departure, the Ralph Lauren board will be comprised of 11 directors.
