Prime Minister Stephen Harper's announcement of approving the foreign takeovers of Calgary-based Nexen Inc. and Progress Energy Resources Corp. received a strong reaction from politicians and readers in Alberta.

Alberta’s NDP Leader Brian Mason said that there are grave concerns about the direction of the oilsands as a result.

“Alberta New Democrats have argued for a long time that all Albertans should be getting our fair share out of their oilsands,” said Mason in a statement.

“The increasing amount of foreign ownership in the oilsands is disturbing, and it will ultimately mean profits would be seen overseas, instead of in Canada and in this province.”

Some readers said their support was dependent on who remained in control, whereas others said as long as jobs were not affected, they supported the move.

"Takeover? You surely mean bailout. Yes, because we need their capital, expertise and technology. We are too small of a country to develop the oilsands alone," said Anthony Aleksic on Facebook.

Our fault for giving him a majority government, wait until the next election. The only problem we may not be able to undo some of the things that are being legislated thru right now. We need a government that cares about Canadians and our beloved land, we need climate control and clean energy, we need jobs for Canadians not China. - Peggy Wilson, Facebook

Harper's announcement was welcomed by Alberta Premier Alison Redford, who had supported the deals.

"We are pleased that the federal government appears to have listened to our input and made a careful examination of the circumstances unique to these proposed arrangements, as did my government, and came to the same conclusion: the benefits are great, and any issues can be mitigated,'' she said in a statement.

"And so it begins... or ends. Depends how you look at it," said Nik Juneau on Facebook.

With files from the Canadian Press

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  • TheHarperGovernment

    The good news is that Alberta does not have to impose a one-child policy until 2020. #cnooc #nexen #cdnpoli

  • Anita Sharma

    @ammoe1993 These deals with CNOOC and Petronas have certainly had our newsrooms engaged in heated debate for months...

  • robert lavigne

    Jack Mintz cheerleads the CNOOC deal .. umm how about a good read first Jack ..?? or were you in on the discussion ..?

  • Brett R. Harvie

    Looks like the #CPC & @pmharper struck an appropriate balance on the Nexen/Progress decision. #cdnpoli

  • *CaptainRon*

    Looks like #Harper will secure himself a 'lifetime job' in the oil fields of #China in #Canada #Nexen

  • Bryan Borzykowski

    I want to talk to that person or persons who sold all that Nexen stock an hour and a half ago. #callme

  • Nathan Rotman

    Why future restrictions on foreign takeovers. Protect Canadian jobs and environment now. #nexen #cdnpoli

  • Danno

    Hey Harper! You seem to have forgotten you are Prime Minister of Canada. Not Israel. Not China. C-A-N-A-D-A #PnPCBC #cdnpoli #Nexen #Cnooc

  • TheHarperGovernment

    We have been concerned for sometime abt SOEs but were utterly unprepared and just winged this one. #cnooc #nexen #cdnpoli

  • Vassy Kapelos

    When we say that Canada is open for business, we do not mean that Canada is for sale to foreign governments - Harper #cdnpoli #cnooc #nexen

  • Nancy Leblanc

    Harper not commenting on details of Nexen takeover, i.e., the undertakings. How can we be assured it's a good deal then?

  • Chris McLeod

    Harper's decision on Nexen and Petronas prove that our country and our economy is in sound hands with the Conservative Party. #CdnPoli

  • Carrick Irwin

    I think all #Canadians should divest in #Nexen as of this moment. #cdnpoli

  • Andrew Coyne

    It's just embarrassing to see someone who knows better spool out this gibberish. #nexen

  • Joe Fantauzzi

    That time the Tories, after slamming the opposition as "socialists", sold off parts of the tar sands to a communist regime...#cdnpoli #nexen