Hikvision Canada Inc. · Canada
Hikvision Canada wind-up order: security equipment and investment national-security review
Canada ordered Hikvision's Canadian business to cease operations and wind up under the Investment Canada Act national security framework, highlighting local-operation risk for security-equipment firms.
Facts
Canada's national security decisions page states that the Governor in Council ordered Hikvision Canada Inc. to wind up its Canadian business and cease all operations in Canada.
Compliance lessons
Security and IoT companies abroad should assess the national-security sensitivity of government customers, cloud access, firmware updates, after-sales service, and local employment arrangements.
Legal issues
- 国家安全审查 / national security review
- 视频监控 / video surveillance
- 业务清盘 / business wind-up