Sometimes a Business Transaction Is More Than a Business Transaction

For a while now, I’ve felt that the greatest threat to Canadian sovereignty could be summed up in two words:  shareholder value.  Late last week, Richmond, BC based MDA announced it would sell its space division to an American company.  The media made a bit of a fuss about what a blow to national pride this would be, as the Canadarm, the robotic arm used on the space shuttles and the international space station, is one of the space division’s assets.  But there is an even greater loss, or even threat, involved with this transaction.

The media, for some reason, didn’t talk a lot about the fact that the division’s other assets include RadarSat2, and the implications of its falling into foreign hands.  The sale could actually result in a threat to arctic sovereignty and national security.

RadarSat2 is a remote sensing satellite that was put into orbit fairly recently.  Its capabilities and duties include monitoring arctic waters for vessels – as small as cars – to protect and reinforce Canada’s sovereignty.  Aside from the usual reasons for not allowing an asset used for defence purposes from falling into foreign hands, the problem with the sale is that the Americans refuse to recognize Canadian sovereignty and rights over waters that clearly fall within the limits set out by the UN Convention on the Laws Of the Sea (UNCLOS).  So, ownership of the satellite that enables us to monitor our own waters will transfer to the people who want to take them away from us.

The northwest passage has become an important issue lately because global warming is melting arctic ice at a surprisingly fast pace.  The passage is now being seen as a viable navigation route for the near future.  There are also believed to be valuable resources beneath the seabed.  If UNCLOS definitions are recognized, Canada has economic rights over them and can impose environmental standards.  If they are not, anyone can take them and not have to worry about environmental practices.

Contact your MP, any relevant cabinet ministers, and the PM. Tell them that RadarSat2 must not be allowed to be sold to foreign interests.  Even if the MDA deal goes ahead, provisions will have to be made to keep RadarSat2 in Canadian hands.

It’s our melting ice, damn it!  If the Americans – or anyone else – want it, they’ll have to take it from our cold, dead, wet hands.

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2 Responses to “Sometimes a Business Transaction Is More Than a Business Transaction”

  1. I Am Canada and So Can You « Bloggin’ Off Says:

    […] three months ago I wrote about the proposed sale of MDA to an American defence contractor and how the transfer of its Radarsat2 to American […]

  2. Does Canada Lack Ambition? « Bloggin’ Off Says:

    […] Canada Lack Ambition? Two weeks ago, I wrote a post about the pending takeover of MDA’s space division by an American company and the threat to national security it represented.  I asked readers to […]

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