Nexen Deal

[Topaz]

An article out says the US is not happy about the deal between Canada and China. Harper hasn't made a dec ision as yet but I'm sure the shareholders, whom ever they may be, is pushing for the acceptance. Me, I don't trust China and no country should and as far as trade goes, China products are full of toxic material that we have seen in this country and we don't need a foreign country owning our natural resources. So what will it be, Mr. PM, greed or second thoughts? http://oilprice.com/Geopolitics/North-America/U.S.-Deems-Chinese-Canadian-Energy-Purchase-National-Security-Risk.html

[GostHacked]

An article out says the US is not happy about the deal between Canada and China. Harper hasn't made a dec ision as yet but I'm sure the shareholders, whom ever they may be, is pushing for the acceptance. Me, I don't trust China and no country should and as far as trade goes, China products are full of toxic material that we have seen in this country and we don't need a foreign country owning our natural resources. So what will it be, Mr. PM, greed or second thoughts? http://oilprice.com/Geopolitics/North-America/U.S.-Deems-Chinese-Canadian-Energy-Purchase-National-Security-Risk.html

We've seen much of the resources in Canada sold off to foreign nations. Two of Canada's largest mining companies, INCO and Falconbridge were both bought out by foreign companies.

I don't like the trend and all foreign ownership should stop. Also the problem raised on a CBC article with this indicated that there is no reciprocal trade. Canada is not allowed to invest or buy Chinese companies because of their protectionism due to their country being communist (not really looking communist anymore but....)

Fair trade over free trade, i'll stick with that line.

[madmax]

Fair trade over free trade, i'll stick with that line.

What??? You have a problem with Private Corporations moving jobs to China, and China Purchasing Canadian Land (Landbanking) and resources?

This is how Free Trade is supposed to work.

[GostHacked]

What??? You have a problem with Private Corporations moving jobs to China, and China Purchasing Canadian Land (Landbanking) and resources?

This is how Free Trade is supposed to work.

Sounds more like rape trade.

[Guest American Woman]

What??? You have a problem with Private Corporations moving jobs to China, and China Purchasing Canadian Land (Landbanking) and resources?

This is how Free Trade is supposed to work.

Evidently the majority of Canadians don't approve of the deal:

Harper says Ottawa will take public opinion into account before making a decision. Polls have shown most Canadians oppose China buying Nexen. link

[GostHacked]

Evidently the majority of Canadians don't approve of the deal:

Harper says Ottawa will take public opinion into account before making a decision. Polls have shown most Canadians oppose China buying Nexen. link

I think it will still go through. It may be opposed, but nothing like complacent Canadians to do nothing about it.

[Guest American Woman]

I think it will still go through. It may be opposed, but nothing like complacent Canadians to do nothing about it.

You never know - there could be a huge protest.

[dre]

Fund managers and market analysts say they expect Ottawa to approve the deal, though not without conditions.

These could include seeking guarantees on employment and investment, requiring that CNOOC promise to follow Canadian laws and practices and demanding that a certain number of Canadians be appointed to the board of directors.

I would put my money on the above.