Canadian minister: government keeping a "close eye" on BlackBerry

|About: BlackBerry Ltd. (BBRY)|By:, SA News Editor

Industry Minister James Moore, during a Reuters interview: "I know that they're facing their challenges and they're adjusting their firm internally ... all I can say is, we wish them well, and we're keeping a close eye on the situation."

Moore didn't give a firm answer regarding whether the Canadian government would prevent BlackBerry (BBRY +1.4%) from being acquired by a foreign company. "We want them to do well, keep employing Canadians, keeping putting out innovative technologies and platforms, and we're paying close attention."

Last year, PM Stephen Harper stated he hoped BlackBerry would grow as a "Canadian company."

The Canada Pension Plan Investment Board has suggested it's open to buying a stake in BlackBerry, should it attempt to go private. If it does, Prem Watsa's Fairfax Financial and other Canadian investment firms could act as partners.

However, the NY Post has reported BlackBerry wants a "Google-like" buyer to emerge.