Buried: Trudeau Sells Off All CANADIAN GOLD, Selling Gold Industry To China
"The former director of the Canadian Security Intelligence Service (CSIS) is calling on the federal government to scrutinize the recent takeover of a Nunavut[Canadian] goldmine by a Chinese state-owned company."
TMAC is among an increasing number of Canadian companies being bought up by Chinese corporations. In March 2020, government permitted Continental Gold to be bought up by China's state-controlled Zijin Mining for $1.3 billion dollars.
The head of CSIS from 2009 to 2013, Richard Fadden, told the Globe and Mail that the federal government should "keep Canada's national security interests in mind" when examining the purchase.
"I think gold is pretty important for the world economy. China has enough of a grip on the world economy as it is, given its capital assets, so I would include gold."
Justin Trudeau does not agree. Did you know? PM Trudeau has sold off all of Canada's gold reserves. In a typical fashion, establishment media and CBC treated this move as an all-but meaningless exercise.