Description: Although they support the proposed $15.1-billion acquisition of Nexen Inc. by China’s CNOOC Ltd., top industry executives want Ottawa to protect ownership of major oil sands companies.
Source: The Globe and Mail
Date: September 25 2012
Questions for Discussion:
- Do you agree with the executives that Ottawa should not allow foreign ownership of Canadian oil sand companies?
- Discuss both the advantages and disadvantages of allowing foreign ownership of oil sand companies?
- Is this concern primarily towards China or will it be similar towards any other foreign nation?