Ottawa approves Nexen and Progress takeover deals

Reblogged from Financial Post | Business:

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Corcoran: Rocky road lies ahead for foreign investments in Canada

OTTAWA — After months of uncertainty, the Conservative government finally broke its silence Friday — approving two contentious foreign takeovers that are destined to form the basis of Canada’s investment strategy for years to come.

But the prime minister indicated he would draw a line in the oil sands when dealing with future overtures from foreign companies, state-owned enterprises in particular.

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Categories: Uncategorized | 1 Comment

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One thought on “Ottawa approves Nexen and Progress takeover deals

  1. erick

    China does not sell the rare earth mineral deposits

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