Once again the racism of Yellow Peril raises its pungent stench in Canada. Thirty years, it was the Japanese who were an economic threat to hapless Canadians. You can take the same articles written back then and replace Japan with China and you would get the same result. I suppose once the Indians get their house in order and start manufacturing, it would be their turn 20 years from now.

Robert Fife and Steven Chase have led the campaign in the Globe and Mail against the Chinese buying Canadian companies. They wrote numerous articles against the sale of Retirement Concepts, a chain of retirement homes. Exactly how is this a high tech firm?

Fife and Chase don't have a problem with Norsat being sold to Privet Fund Management LLC, an American firm who is also interested.

I'm curious as to what Fife and Chase think of which Canadian companies are okay to be sold to the Chinese. Tim Hortons? Labatt? Alcan? Lululemon? Kraft Heinz? Actually all these companies are owned by foreigners.