Canada urged to ease foreign investment rules

Business | 210485 hits | Jun 27 8:09 am | Posted by: bootlegga

Canada should lower barriers to foreign investment in telecommunications, uranium mining and air transport, and lift a ban on domestic bank mergers, an expert panel commissioned by the government said on Thursday. In a report that was prompted by wid

Comments

by CommanderSock
Fri Jun 27, 2008 4:24 pm
Im 100% behind lowering trade barrier rules esp in domestic investment by foreign NGOs. I look forward to seeing some competition in the T/C sector. Rogers, Telus, and Bell need some real competitors.
by kenmore
Fri Jun 27, 2008 4:39 pm
I agree ,,,bell needs competition.. big time
by DrCaleb
Fri Jun 27, 2008 8:38 pm
"Canada can only start "participating in international consolidations in its own right" if it opens up its doors to foreign capital and streamlines the approval process for investment and takeovers, the five-member panel concluded."

Translation: Grab your ankles, cause all the profits are leaving Canada.
by hwacker
Fri Jun 27, 2008 8:41 pm
As long as I get another GSM carrier and $19.95 unlimited data plan, Bell and Rogers can go bankrupt
by CommanderSock
Fri Jun 27, 2008 9:01 pm

As long as I get another GSM carrier and $19.95 unlimited data plan, Bell and Rogers can go bankrupt

Sad but true. Our companies are pampered by Nanny Canada. They are protected by a warm wolly cloak that keeps those evil foreign competitors out. It keeps bell and rogers fat penises firmly between every Canadian buttcheek.
by Toro
Fri Jun 27, 2008 10:53 pm
Good stuff. More investment means more jobs. More competition to buy Canadian assets means more money in Canadians' pockets.

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