Thursday, August 28th19.5°C
22568
21739

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

22870


Recent Trending




Today's Market
S&P TSX15602.65-16.56
S&P CDNX1019.343.98
DJIA17122.0115.31
Nasdaq4569.622-1.015
S&P 5002000.12+0.10
CDN Dollar0.9213+0.001
Gold1281.70-2.1001
Oil93.50-0.38
Lumber347.10-2.10
Natural Gas3.965+0.054

 
Okanagan Companies
Pacific Safety0.20+0.02
Knighthawk0.01-0.005
QHR Technologies Inc1.190.00
Cantex0.07+0.005
Anavex Life Sciences0.24-0.01
Metalex Ventures0.08+0.005
Russel Metals36.60-0.02
Copper Mountain Mining2.96-0.07
Colorado Resources0.18+0.005
ReliaBrand Inc0.115+0.02
Sunrise Resources Ltd0.0250.00
Mission Ready Services0.24-0.01

 



22908

FEATURED Property
1897865414 Okaview Road
6 bedrooms 6 baths
$1,598,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


How much mortgage should you carry?

There are several things to consider when deciding how much home to buy. 1. Draw up a budget including the new mortgage payments. While the rules used by most lenders require that the mortgage paym...


What is a journey without a destination?

Photo: ContributedI would call it a joy ride... You see a planned project or business has a destination. It may be an ongoing revenue stream, it may be a business value or an exit strategy. If you don...


Joint accounts: what you need to know!

Establishing a joint account may seem like a great strategy at first glance. However, there are many factors that must be considered before taking this action. This article will explore the use of &ls...

_








Member of BC Press Council


22854