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PostPosted: Fri Sep 12, 2008 4:44 pm
 


xly, I suspect there's more to be found in false claims of assiting the poor in locales such as Winnipeg. . . .


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PostPosted: Fri Sep 12, 2008 4:50 pm
 


ridenrain ridenrain:
The other example they mention was the airlines, who would also benefit from foreign ownership. That is, unless you're all happy with Air Canada..

Sorry. Didn't see that link on the other page.

Looking at that link and the others, I'm not really seeing any examples of where they blocked a sale. Here's a list of major foreign sales and purchases from 06 to 98 and I don't see any evidence of government action.

http://www.cbc.ca/news/background/mergers/

Infact, looking back at the MDA block:

$1:
The $1.3 billion bid for the space operations of MacDonald Dettwiler and Associates is the first takeover rejected under Canada's 23-year-old foreign investment law.


If the past Liberal governments were protecting is from foreign takeovers, why is it not shown here or in the link I show above? How can you say the Liberals are safe guarding Canada from foreign and the CPC are not when all evidence shows the exact opposite?

There's lots of bitching that MDA lost money because of the block and I'm wondering when you folks will blame the CPC for that one too.


You just don't get it do you?

Its not about the govt going out and scuttling every specific acquisition, thats what the rules are for lest it look very much like the govt is unduly interfering in free enterprise which you would cry about.

Just like when you crowed about the CPC being the only party to address federal seat distribution parity (and sticking it to Ontario) you failed to address the fact that there were rules in place to do just that. Crowing about him doing something that already existed was no different then you crowing about a single solitary example of Harper blocking a sale to foreign ownership all the while feeding you kool-aid while he destroys the rules in place to prevent widespread firessale of Canada.

You consistently miss the reality of the situation in favour of partisan BS.


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PostPosted: Fri Sep 12, 2008 4:59 pm
 


This is so like the Liberals, isn't it.
Fabricate a boogyman and a huge problem then tell us you're the only ones that can solve it.. usually with more taxes. That's really the story beneath the green tax too, right?

No example of a sale that was blocked and if the rules were so tight, why was MDA so close to being somd that you had to cry to get us to stop it?

The past Liberal governments sank so much taxpayers money into that company, recieved so many donations and still didn't protect taxpayers investments.

That's a shamefull track record.


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PostPosted: Fri Sep 12, 2008 5:26 pm
 


ridenrain ridenrain:
This is so like the Liberals, isn't it.
Fabricate a boogyman and a huge problem then tell us you're the only ones that can solve it.. usually with more taxes. That's really the story beneath the green tax too, right?

No example of a sale that was blocked and if the rules were so tight, why was MDA so close to being somd that you had to cry to get us to stop it?

The past Liberal governments sank so much taxpayers money into that company, recieved so many donations and still didn't protect taxpayers investments.

That's a shamefull track record.


Bogeyman? Hardly. A boogeyman would be fabricating lies about the carbon tax shift or tying in country unity.

A boogeyman would be dishonestly saying the Liberals would bring back the 7%GST and repeal the 1200 child care benefit.

You just keep failing don't you. :lol:


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PostPosted: Fri Sep 12, 2008 5:37 pm
 


You can't say the rules were so good if MDA was almost bought.
Give me an example of the Liberal government blocking one sale.


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PostPosted: Fri Sep 12, 2008 5:45 pm
 


ridenrain ridenrain:
You can't say the rules were so good if MDA was almost bought.
Give me an example of the Liberal government blocking one sale.


Give me an example of the CPC setting rules and regulations to prevent wholesale sales of Canadian companies?

Oh, thats right. You champion a single case but ignore them relaxing the rules that would allow a shitload more. Thats like crowing about saving 1 goal but neglecting to mention you let in 10.

Con logic at its best.

You also wanted a "Liberal" example of them specifically circumventing the regulations in place over seat distribution but failed to realize that by allowing those rules to work they presided twice over equitable and non-partisan seat distribution.

Both times you were wrong.


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PostPosted: Fri Sep 12, 2008 5:49 pm
 


From a nationalistic viewpoint, increased foreign ownership is a bad thing. That stems from our emotional connection with our country and heritage. When the Hudson's Bay Company gets sold to an American, we cringe. When Molson becomes another division of Coors, a tear falls down our cheek. But at the end of the day, increased foreign investment in our domestic industries is better for us economically. Canadians only have so much capital, we need foreigners to bridge the gap to make our businesses more competitive and lucrative. From an economic viewpoint, foreign ownership isn't a threat, in fact, it's an asset.


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PostPosted: Fri Sep 12, 2008 5:58 pm
 


Jeez.....I thought there was only one Chicken Little. This looks like an entire convention


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PostPosted: Fri Sep 12, 2008 5:58 pm
 


You're not a Canadian PM unless you sell out to other countries.


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PostPosted: Fri Sep 12, 2008 6:03 pm
 


ShepherdsDog ShepherdsDog:
Jeez.....I thought there was only one Chicken Little. This looks like an entire convention

R=UP


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PostPosted: Fri Sep 12, 2008 6:07 pm
 


RUEZ RUEZ:
Scape Scape:
RUEZ RUEZ:
Allowing more foreign ownership would open up the cellphone industry to some actual competition. It's one of the reasons Canadians are overcharged so much.


They have plenty of domestic level competition (like cable) that was locked out though. Shouldn't that be tried before we sell the country to the Chinese?

How long should we wait? We've been saddled with useless system access fees and various crap for 20 years. Various studies have shown that Canada is behind the world when it comes to competitive cell phone plans. If the locals can't or won't do it I say give someone else a chance.



Well that's what the bandwidth auction was about. You will see new kids on the block some of which have already gone live this month.


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PostPosted: Fri Sep 12, 2008 6:26 pm
 


If foreigners are stupid enough to invest in the Canadian airline industry, it would behoove Canadians to take the suckers foreigners money.


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PostPosted: Fri Sep 12, 2008 6:28 pm
 


:|


Last edited by Public_Domain on Sat Feb 22, 2025 1:15 am, edited 1 time in total.

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PostPosted: Fri Sep 12, 2008 6:32 pm
 


BTW, Canadians are purchasing more of the world than the world is purchasing of Canada.

$1:
Since 2000, Canadian net purchases of foreign stocks were about $C 60b more than foreigners' purchases of Canadian stocks.


http://worthwhile.typepad.com/worthwhil ... rinki.html

Those evil, exploitative Canadians imposing their values on others! Pretty soon, Don Cherry and poutine will be everywhere...


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