Canada Orders Wind Up of TikTok Business

(Reuters) – Canada on Wednesday ordered the wind up of TikTok's business in the country citing national security risks. However, the government made clear that Canadians would not be blocked from accessing the short-video app or creating content.

"The government is taking action to address the specific national security risks related to ByteDance Ltd's operations in Canada through the establishment of TikTok Technology Canada Inc," stated Innovation Minister Francois-Philippe Champagne.

"The decision was based on the information and evidence collected over the course of the review and on the advice of Canada's security and intelligence community and other government partners," Champagne added.