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China and Canada Having a ‘Challenging Moment’ Says Morneau


(Nicole Gibilini – Bloomberg)

Finance Minister Bill Morneau said Canada-China relations are going through a “challenging moment” as tensions mount over the arrest of Huawei CFO Meng Wanzhou.

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“We’re going through a diplomatic moment with China,” Morneau told Bloomberg Television Friday morning at the World Economic Forum in Davos, Switzerland. “It’s a very challenging moment.”

“We need to follow our laws and that’s the only way we can face issues like the current challenge,” he added, reinforcing the federal government’s ongoing message that the issue is before the courts and is not a political matter.

However, Morneau did acknowledge the fallout for investors and businesses. Click here to read more.

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