China Canada Oil

How Harper's Nexen Deal Deceived Canadians

Maude Barlow | Posted 02.09.2013 | Canada Business
Maude Barlow

On December 7, Prime Minister Stephen Harper approved the first two complete takeovers of Canadian-owned energy firms by foreign state-owned companies in our country's history. The Prime Minister used sleight of hand to trick Canadians into thinking these were "exceptional" cases, to be repeated only cautiously in the future. He appeared to close the door to ownership of the tar sands by companies controlled by foreign governments. But he didn't close it at all. He left it wide open and signaled to China, Malaysia and other countries that Canada's strategic energy resources were entirely for sale, not just to the highest bidder but to any bidder at all.

China-Nexen Deal: National Buoy or Ball and Chain?

Rachel Décoste | Posted 02.05.2013 | Canada Business
Rachel Décoste

By December 10, The federal government is expected to make a decision on whether to approve or reject the takeover of Nexen by a Chinese state-run company. Any rearward decision-making process hinging on knee-jerk intercultural reactions, quick paydays or short-sighted goals is detrimental to our country as a whole.

Are All the Single Ladies Really Like the Oil Sands?

Lee Tunstall | Posted 01.15.2013 | Canada Business
Lee Tunstall

When I first read that Chen Weidong, chief energy researcher at the CNOOC Energy Economics Institute, had likened the oilsands to "leftover single women," I'll admit I was mightily aggrieved. This is because, well, I resemble that remark. It was flat out offensive. And women, especially single women, are becoming a powerful force in society.

China's Big, Bad, "Foreign Takeover" of Nexen Is a Myth

Daniel D. Veniez | Posted 11.26.2012 | Canada Business
Daniel D. Veniez

There might be perfectly legitimate reasons why Ottawa may decide to block the proposed acquisition of Nexen Inc. of Calgary by CNOOC Limited, the state owned energy giant from China. But the notion that "foreigners are taking over Canada's natural resources" is not one of them. That argument is factually and demonstrably false. Our governments own the vast majority of these natural resources. That isn't about to change any time soon. Canadians should be aware that there is no risk whatsoever that we would lose ownership or control of them.

Harper Sells Canadian Human Rights to China

Maude Barlow | Posted 04.09.2012 | Canada Politics
Maude Barlow

Stephen Harper is aggressively selling Canada's tar sands and other energy and natural resources to China and willing to give it investor rights unavailable to Canadian firms operating domestically.

A Pipeline to China Was Always Harper's Scheme

Matt Price | Posted 03.28.2012 | Canada Politics
Matt Price

When Stephen Harper visits Chinese President Hu Jintao next month, he can rightfully argue that he is now fully engaged helping Beijing get the pipeline it's been after for quite some time, and that he's deploying his best bully-boy tactics to get it.