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Old 11-13-2013, 05:29 AM   #73
Rutuu
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How is the Francis family even listened too?

1. The world is not a risk board with resources you take over...all the European powers got rid if the majority of their colonies many years ago.
2. You can just buy resources it's easier then taking them over
3. The resources in Northern Canada are far away from markets that's one reason the haven't been developed NOT lack of man power. Basically the easiest to find/produce assets get developed first. This wouldn't change with a merger.
4. China targets Canada's resources because we welcome foreign investment, we honoured our commitments, we have a stable government, operating costs are reasonable, finding costs are reasonable, etc, etc. Americans have bought into Canada for many many years too for these reasons. If you want to block Chinese bids for firms here based on China having government funded banks with an unfair lending advantage then I'm ok with that.
5. We'd lose our sovereign currency which eliminates are ability to control our Monetary policy to react to Canada's economic needs.

Anyway that's just rattling a few things off the top of my head. Easier movement of people/jobs between the two countries would be nice though like a NZ/Aus relationship.
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