Business
NDP leader: China treaty a threat
Nov 13, 2012 / 7:40 pm
A soon-to-be ratified investment treaty between Canada and China has the potential to wrest control of natural resources away from the provinces, the leader of the federal NDP said Tuesday.
"I think one of the things that we have to know is that this can cause huge upheaval in the province's ability to control their natural resources and real problems for Canada's sovereignty long-term," Tom Mulcair said in an interview with The Canadian Press.
Control over resources is a particularly prickly topic in Alberta, where Mulcair was making a stop to support anti-poverty advocate Dan Meades, the party's candidate for Calgary-Centre in a Nov. 26 byelection.
Mulcair has said previously that a New Democrat government would do anything in its power to extricate Canada from the Foreign Investment Promotion and Protection Agreement if it's found to not be in the country's best interest.
"I think the average Calgarian and the average Albertan understands very well that the battles that were fought 30 some-odd years ago to get control of natural resources put in the constitution shouldn't be thrown aside easily," Mulcair said at Meades' campaign headquarters, where volunteers were busily working the phones in the next room.
"People are starting to realize that this could play havoc with the province's ability to control their resources going forward."

Read more Business News

| Today's Market | ||
| S&P TSX | 12292.31 | -75.15 |
| S&P CDNX | 925.79 | -4.20 |
| DJIA | 15226.04 | -92.19 |
| Nasdaq | 3423.555 | 0.00 |
| S&P 500 | 1637.57 | -14.24 |
| CDN Dollar | 0.9733 | N/A |
| Gold | 1358.70 | -8.00 |
| Oil | 98.24 | -0.20 |
| Lumber | 282.90 | +2.10 |
| Natural Gas | 3.965 | +0.06 |
| Okanagan Companies | ||
| Sun Rype | 6.20 | 0.00 |
| Pacific Safety | 0.045 | -0.01 |
| Knighthawk | 0.02 | 0.00 |
| QHR Technologies Inc | 0.64 | +0.03 |
| Cantex | 0.055 | 0.00 |
| Anavex Life Sciences | 0.685 | -0.05 |
| Metalex Ventures | 0.06 | 0.00 |
| Russel Metals | 25.83 | +0.21 |
| Copper Mountain Mining | 1.73 | -0.06 |
| Colorado Resources | 0.78 | +0.05 |
| ReliaBrand Inc | 0.13 | 0.00 |

Lot 52, Gallaghers Edgewood Drive S Kelowna, BC10039382 bedrooms
$195,000
more details
view all featured properties
Market turbulence takes its tollBig Picture Economic Data Remains the Focus Equity markets around the world continued to decline this week as investors remain focused on the trend of economic data and whether economic growth is stro...
House hunting: finding the right fitWith so many choices and variables, how do you find the perfect fit? Before you start your search, it’s a good idea to narrow down the playing field by looking at what would fit you best. Here&r...
Reflections on waterMy closest partner is my wife and this week I just wanted to share some of our work from her perspective, as she is more of a "thinker" than me, and I wanted to share our activities and goa...
_
- Mining, oil and gas companies to face tougher rules around disclosing payments
- TSX adds to losses over central bank concerns
- Asian markets down over concerns
- Global energy companies 'dead serious' about B.C. natural gas, says minister
- Teletoon Canada plans to air 'Inspector Gadget' reboot
- TSX drops in early market trading
- Canadian dollar takes a hit
- Apple unveils music streaming service
- What's up Apple?
- Canadian dollar rises on job report
- Tom Cruise backs Wal-Mart
- Royal Bank to edge up mortgage rates

Showcase your business like no other marketing can and Join the growing number of businesses that get more customers.
Learn more here












