Canada’s largest space firm, creators of the iconic Canadarm and key spacecraft such as Radarsat-2, will become a U.S. company within two years. But now, through a merger and the acquisition of another company, MDA has become Maxar Technologies and will transform itself into a fully incorporated U.S. company by 2019. Conservative MP Maxime Bernier, however, says Canadian taxpayers will ultimately be hurt by the deal as government-financed high technology heads south of the border. Howard Lance, who was president of MDA and now heads Maxar, acknowledges the fact the company will become a U.S. firm. In 2016, U.S. firm Honeywell International purchased Canada’s second largest space firm, Com Dev of Cambridge, Ont., in a deal that was not opposed by the Liberal government.

Source: National Post November 09, 2017 15:22 UTC