Friday, September 19th17.2°C
19716
22916

Little to fear, much to gain from Chinese investment in oil patch: report

OTTAWA - A new report is taking the Harper government to task over its treatment of Chinese state-owned enterprises interested in investing in Canada.

The paper, by Wendy Dobson of the Rotman Institute for International Business, argues that the government's fears about Chinese firms buying up Canada's oilpatch are misplaced.

Furthermore, she says, Canada needs Chinese investment to develop the oilsands because state-owned enterprises from the world's second-largest economy are among the world's most active investors.

Dobson says since Prime Minister Stephen Harper placed an additional barrier on SOEs in 2012, investment from China has all but dried up.

She says Canada should be more concerned with how companies actually operate and behave than their ownership structure.

The Canadian Press


Read more Business News

23486


Recent Trending




Today's Market
S&P TSX15465.54+6.66
S&P CDNX965.79-6.72
DJIA17265.99109.14
Nasdaq4593.426+31.237
S&P 5002011.36+9.79
CDN Dollar0.9121-0.0022
Gold1222.90-4.00
Oil92.53-0.54
Lumber349.00+1.00
Natural Gas3.961-0.014

 
Okanagan Companies
Pacific Safety0.16-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.32+0.07
Cantex0.060.00
Anavex Life Sciences0.2261-0.01
Metalex Ventures0.060.00
Russel Metals37.01+0.64
Copper Mountain Mining2.68-0.05
Colorado Resources0.175+0.005
ReliaBrand Inc0.024-0.003
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.30+0.01

 



23104

FEATURED Property
2064847944 Skeena Drive
5 bedrooms 4 baths
$989,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Executors and their duties

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...


Power-save your way to a down payment

Part 1 of 2 Photo: Thinkstock.com1. Move in with your parents or in-laws Explain that you're thinking strategically in moving back home. The quickest way to get into the housing market is to ma...


Price Guarantees

Article written by Linda Bustos Though I’d never recommend “lowest prices” as a unique selling proposition, I notice many retailers use a Price Match Guarantee or even a 110% Guara...

_








Member of BC Press Council


22814