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A new economic study estimates that Gov. Jerry Brown's multi-billion-dollar plan to build two massive tunnels to move water from Northern California down south would create a net benefit for Californians of roughly $5 billion. While critics sharply
Big-budget movie grants scheme appears not to have delivered the promised gains for New Zealand Inc Politicians have sung the praises of Hollywood film productions and their importance to New Zealand's economic future...Both Labour and National have
Calgary-based Nexen Inc. should give legislators reason to revise the Investment Canada Act, argues Niels Veldhuis. (AFP/AFP/GettyImages) If you're confused about Canada's rules with respect to foreign takeovers of Canadian companies, you're not
Foreign takeovers However, the review process for foreign investment in Canada still remains very murky. The Conservatives have now set a higher bar (just how high is unclear) for state-owned enterprises particularly for investment in the oil sands .
A Nexen oil sands facility seen from a helicopter near Fort McMurray, Alta...US$15-billion deal that, if successful, will be China's largest ever overseas acquisition. North Sea oil player Nexen, Mr. Kloppers probably thought: Good luck, chumps...
It should be done in broadly the same way as evaluating the effectiveness of a drug, by comparing it to a control group that received placebos. It is a bit more complicated with people because they are hard to "control", but the general approach is
Prime Minister Stephen Harper visits the Taj Mahal in Agra, India on Monday, November 5, 2012...Like many others, he sees the merger as providing a great deal of benefit to Canadians, with little downside risk . The Conservatives have not offered a
China National Offshore Oil Corporation) is shown in Beijing, China, Oct. 13, 2010. Foreign Investment by SOEs In a concurrent development, Industry Minister Christian Paradis recently announced that Petronas (a Malaysian state-owned enterprise) has
Nexen Investing In reviewing foreign takeovers, the minister must decide whether the deal would be of net benefit to Canada. But the NDP say it's not clear what that means, and the public needs to know how the Conservatives are defining the term.
Nexen Investing Asked whether public opinion would play a role in the government's decision, and why a Chinese company could buy a Canadian one if Canadians cannot buy Chinese firms, Mr. Harper noted that Canada has significant and growing investment