Business and commercial: Feds wait to ban Huawei from 5G network

The 5G network in Canada may ban Huawei Technologies Co. That decision, though, may be delayed by Prime Minister Justin Trudeau's efforts to try to safeguard three Canadians detained in China. The business and commercial world is waiting for a security review by the federal government as to what steps will be taken in terms of a possible Huawei freeze out. Some of the country's allies have already taken that step.

The United States, Australia and New Zealand have already blocked or limited Huawei equipment use. Other European countries are discussing a ban as well. The Chinese have already told Ottawa that Canada would face repercussions if it placed a ban on Huawei, and Canada's Prime Minister is in a tough spot trying to juggle ties with the United States and China while also having to be mindful of the Canadians detained by the Chinese government.

Meanwhile, Huawei has said that it is confident Canada will conduct an independent review and has not been given an inkling that a decision has been made. Canada's major telecom companies are keeping a close eye the situation. These companies have not made any statements since Huawei's Chief Financial Officer Meng Wanzhou was arrested in Canada in December.

The business and commercial world is can be fraught with turmoil at times. Lawyers in Canada are often called upon for their legal guidance and advice. Serious business decisions can affect an entire corporate structure, so it is wise to be cautious and obtain legal counsel prior to making any decisions which could have far-reaching effects.

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