https://www.theglobeandmail.com/politics/article-opposition-calls-on-canadian-government-to-stop-contracting-out-visa

Opposition calls on Canadian government to stop contracting out visa applications to China-backed company

Opposition MPs are urging the Canadian government to stop contracting out the work of processing visa applications, saying they are concerned that one of China’s largest state-owned investment funds is among the biggest backers of a company the Canadian government currently entrusts with this task.

As The Globe and Mail first reported last December, VFS Global, which processes visa applications in dozens of countries for Canada, is majority-owned by EQT VII (No. 1) Limited Partnership, whose registered office is in Edinburgh.

Documents filed with Britain’s corporate registry, Companies House, show Chengdong Investment Corp. as one of the backers of EQT VII. Chengdong is a subsidiary of China Investment Corp., a Chinese state-run giant with more than US$1-trillion in assets. Another investor is Eight Finance Investment Co. Ltd., which belongs to the Hong Kong sovereign wealth fund. …

https://www.theglobeandmail.com/politics/article-opposition-calls-on-canadian-government-to-stop-contracting-out-visa/