Yep...one of the Chinese guys made a bid into Air Canada too a while back, the Liberal Government is slowly selling Canada part and parcel to China...pretty sad way to make a few campaign bucks...brings new meaning to the Liberals "Red Book"...No wonder Clinton and Chretien got along so well...they were reading each others cheat sheets.
I will need to dig up where I read it, but I recall reading Li Ka Shing and some Triad business associates of his have also been working on penetrating some Canadian banks over the past ten years or so.
That guy was one of Li Ka-shing's sons. Li Ka-shing is one of Hong Kong's self-made tycoons, but I don't think he acts as an arm of PRC foreign influence. In fact, Beijing was merciless in many of his investments in the mainland, and now that Hi Jintao rather than Jiang Zemin is in power, Li Ka-shing's prestige is pretty much in eclipse.
I would be more concerned if one of the "red" tycoons like Stanley Ho, Henry Fok (especially Henry Fok, who profited with the Communists since the days of the Korean War - he was already the PRC's favourite "red capitalist" long before they knew of Li Ka-shing), or the newer Chinese "daikuans" are involved.