OTTAWA — A petition signed by 60,000 Canadians calls on Prime Minister Stephen Harper to reject a “secretive and sweeping� Canada-China trade agreement.
The Foreign Investment Protection and Promotion Agreement (FIPA), discussed mostly behind closed doors, comes as the Conservative cabinet reviews a Chinese state-owned oil company’s $15.1-billion bid to take over Calgary oil company Nexen.
Mr. Peter Julian (Burnaby—New Westminster, NDP): Mr. Speaker, November 2 is a day of celebration in Burnaby. It marks 100 years of continuous presence of All Saints Anglican Church as a key member of our community and our faith community situated on the south slope of Burnaby since 1912, with 100 years of service to families, children, seniors, ministering to their spiritual and social needs, welcoming lovingly persons of all persuasions to its many programs.
OTTAWA - An investment treaty with China that would turn Canada into a "resource colony" is about to be ratified despite almost no
parliamentary debate, opposition critics charge.
Bolstered by more than 60,000 signatures on petitions and a finely targeted letter-writing campaign led by activists, the opposition NDP, Liberals
and Green party Leader Elizabeth May are opening a last-minute push for a fuller debate on the Foreign Investment Promotion and Protection Agreement with China.
Chris Plecash, The Hill Times
The federal government is expected to announce new standards for foreign investment by state-owned enterprises, but it's unlikely that the secrecy around foreign takeover reviews will be lifted, say sources familiar with trade and foreign
investment negotiations.
Glen Hodgson, the Conference Board of Canada's chief economist, said it's time for the federal government to clarify the standards for foreign takeovers of Canadian companies by state-owned enterprises (SOEs) like Petronas and the Chinese state-owned China National Offshore Oil Corporation (CNOOC).
M. Peter Julian (Burnaby—New Westminster, NPD): Monsieur le Président, les critiques à l'endroit des conservateurs commencent à fuser de partout.
Maintenant, c'est le Wall Street Journal qui critique le comportement bizarre des
conservateurs concernant les investissements étrangers. Il souligne que les
décisions de ce gouvernement sont sans fondement. Et il y a toujours de
Mr. Peter Julian (Burnaby—New Westminster, NDP): Mr. Speaker, the Conservatives should be listening to Calgarians on this issue and they are not. Maybe it is time to have a hard-working NDP MP in Calgary. It sure has helped in Edmonton.
The Calgary Chamber of Commerce witness said yesterday at committee there is a lack of confidence reflected in the markets in the government on this issue. When
CALGARY - Calgary-based oil and gas producer Nexen Inc. (TSX:NXY), the target of China's largest foreign takeover bid to date, said Thursday it
continues to expect the $15.1-billion deal to be completed by the end of this year.
There has been intense interest in the deal, both because of its size and because it may finally shed some light on the Canadian government's policy
Mr. Peter Julian (Burnaby—New Westminster, NDP): Mr. Speaker, I am going to try again to clarify the confused, muddled position of the Conservative government on clarity in the Investment Canada Act. One minute, it says that clarity is not needed; the next minute, anonymous sources are saying that Conservatives want to redefine the net benefit test.
CALGARY - Progress Energy Resources and the Malaysian state-owned company that wants to buy it were looking to salvage their $6-billion deal on Monday as
observers warned Ottawa's stunning last-minute rejection could scare away foreign investment.
Progress and Petronas said they're meeting with Industry Canada officials to "better understand" what the government's requirements are with respect to
Mr. Peter Julian (Burnaby—New Westminster, NDP): Mr. Speaker, after their gross mishandling of the Petronas decision, the Conservatives are now saying that more clarity is needed in the Investment Canada Act. This is just days after
they stated emphatically that no more clarity was needed at all. This is why
investors and so many others are losing confidence in the government. The
The Hill Times
" boom will inevitably turn into bust, taking with it the impetus to design Canadian resource policy for the long term. The result will be that when the next boom arrives, we will be equally unprepared," The 9 Habits of Highly Effective Resource Economies: Lessons for Canada, Canadian International Council, October 2012
If Canada is to become a true clean energy superpower, the time has come to look
Mr. Peter Julian (Burnaby—New Westminster, NDP): Mr. Speaker, an arbitrary decision made behind closed doors at midnight on Friday is no way to run an economy. Canadians deserve better than that. Canadians are asking if they are going to be as arbitrary on the CNOOC proposal to take over Nexen. Canadians
want transparency and accountability on foreign takeover applications. The