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There is a famous Chinese curse that goes "may you live in interesting times." The government ushered in some interesting times indeed on September 12 when it ratified the Canada-China Foreign Investm...
BEIJING, China - Leaked oil from a ruptured pipeline in an eastern Chinese port city exploded Friday, killing at least 35 people, injuring 166 and contaminating the sea in one the country's worst indu...
ST. ALBERT, Alta. - A firm linked to a Chinese state-owned company was ordered Thursday to pay $1.5 million in penalties in the deaths of two foreign workers at an Alberta oilsands project.SSEC Canada...
China's track record in Canada is checkered, to say the least, and yet the China-Canada trade deal would open the floodgates to tens of thousands of sovereign enterprises then exempt them from Investment Canada scrutiny if they want to buy more.
Last week, a casualty of China's unfair treatment of foreign investors spoke privately about the new trade deal signed between Ottawa and Beijing. Ottawa capitulated to China on everything. The deal, using a hockey metaphor, allows only a select few to play on Team Canada on a small patch of ice in China and to be fouled, without remedies or referees.
Sovereign-owned or controlled enterprises (SOEs) from questionable countries have no business in the boardrooms of Canada or other free enterprise nations. This concern about SOEs is not just about China. Russia is another questionable regime with companies investing here and all over the world that are owned by The Kremlin or by oligarchs who answer to it.
If the CNOOC/Nexen approval is given, before the Keystone pipeline is approved, a new set of questions for the Americans will be opened up. Letting China Inc. have special access could give President Obama a reason not to approve Keystone, and could also Romney, if he wins, a reason to consider not approving the line as he has pledged to do on Day One.
Clearly, China is testing whether this Boy Scout of a nation will roll over. Turning down Nexen should be mark the beginning of a Canadian conversation about governance. Canada must decide what kind of table will be set to encourage investment here, who will be invited to dine and how guests must behave. Otherwise, Canada itself will become dinner. There should be no compromise and a turndown need not be difficult, won't burn any bridges and can be done elegantly in this way.
ST. ALBERT, Alta. - A Chinese engineering firm has pleaded guilty to three workplace safety charges related to a fatal accident in the oilsands five years ago.Two workers were killed and another four...
There's a new sickness sweeping across Canada that medical experts have diagnosed as Selective Parochialism Disease. It afflicts mostly the ideological, and in particular those who think that cooking the planet for our children is a good idea.
EDMONTON - A unit of a giant Chinese petrochemical corporation can face trial on safety charges in the deaths of two oilsands workers.The Alberta Court of Appeal has upheld a ruling that Sinopec Shang...
THE CANADIAN PRESS -- CALGARY - China's largest offshore energy producer is preparing to snap up Opti Canada Inc. in a $2.1-billion deal announced Wednesday, a week after the Calgary-based oil sands d...