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Old 10-20-2012, 04:29 PM   #1
Rerun
Often Thinks About Pickles
 
Join Date: Jan 2007
Location: Okotoks
Exp:
Default Should Canada allow foreign state owned companies to buy Canadian resource companies?

Should Canada allow foreign state owned companies to buy Canadian resource companies? I say no.

http://www.cbc.ca/news/business/stor...ergy-deal.html

Quote:
Energy company upset feds blocked Malaysian takeover
Rejection puts B.C. liquefied natural gas plant in limbo

Calgary-based Progress Energy Resources says it's disappointed the federal government blocked a multi-billion-dollar bid by Malaysia's state-owned oil company Petronas to take it over.
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