“China is not that formidable, and we never think about doing anything harmful to Canada
I'd particularly concerned with Chinese stated owned corporations buying these businesses. We already have issues with Chinese competitors trying to steal trade secrets and proprietary technology by posing as customers, then demanding to know our process parameters (aerospace... this is a thin line to walk!) What little they get has allowed them to steal some product lines directly from us.
I would be VERY wary of a chinese state owned company trying to acquire where I work!