Government of Canada orders the wind up of TikTok Technology Canada, Inc. following a national security review under the Investment Canada Act

[...] the Government of Canada has ordered the wind up of the Canadian business carried on by TikTok Technology Canada, Inc. 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. [...]

[...] The government is not blocking Canadians’ access to the TikTok application or their ability to create content. The decision to use a social media application or platform is a personal choice. [...]

Sooo, what's the goal here? How does this help, or effect, Canadians?

That’s great. Now do housing!