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.
Read more Business News
- Storm kills powerCentral Okanagan - 9:21 pm
- Hwy closed east of SicamousBC - 10:23 pm
- Storm photo galleryCentral Okanagan - 4:44 pm
- Rain shuts down cityKamloops - 4:15 pm
|QHR Technologies Inc||1.16||+0.01|
|Anavex Life Sciences||0.287||-0.038|
|Copper Mountain Mining||2.815||+0.055|
|Sunrise Resources Ltd||0.025||-0.005|
|Mission Ready Services||0.19||+0.01|
The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...
The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...
Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...