The good and bad reasons to block the Aecon sale and why we should be prepared to accept them

The Trudeau government won unusually wide praise for its decision this week to veto the $1.5-billion takeover of Aecon Group Inc. by China Communications Construction Co. Ltd. (CCCC). The three national opposition parties all supported the decision, as did media and academic commentators on the right and left. Why does this leave me feeling uneasy?

Certainly not because it was the wrong decision, or taken for the wrong reasons. A Toronto-based construction firm, Aecon is involved in a number...

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