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Monthly Archives: October 2007

Profit from China’s demand for our coal

Thursday, October 25, 2007

中国需求加拿大煤炭导致投资机会
Investors can play China’s demand for commodities by choosing some well-managed Canadian income trusts, says Greg Guichon, chairman and chief portfolio manager at Toronto-based Barometer Capital Management.
“Ongoing concerns about a slowdown in China’s industrial activity have failed to materialize and the economy continues to register exceptional growth,” he says.
Colleague Bruce Hartman, senior portfolio manager, notes [...]

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China: The people’s money on the prowl

Tuesday, October 23, 2007

中国：人民货币搜索外国投资机会
Long before the world was trembling at the spreading economic might of China, there was Li Ka-shing.
The 79-year-old Hong Kong tycoon, whose holding company struck a $629-million deal this week to buy out Calgary-based TransAlta Power LP, has been making bold and occasionally controversial deals in Canada and elsewhere for more than 20 years. He [...]

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Is Ottawa closing door?

Friday, October 19, 2007

渥太华将要向外商投资关门？
OTTAWA — Despite its professed open-door policy, the federal government is in danger of erecting major barriers to foreign investment as it establishes new rules for proposed takeovers by state-owned enterprises or those involving national security, lawyers and business people said yesterday.
Industry Minister Jim Prentice said this week that Ottawa will soon be establishing new [...]

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Foreign takeovers demand attention

Friday, October 19, 2007

外资并购需要详细检查
In the first eight months of this year, foreigners gobbled up Canadian companies worth an astounding $90 billion. Canadian companies such as Inco, Dofasco and Alcan that formed part of the industrial backbone of the Canadian economy are Canadian no more.
The losses in steel, mining and other areas where Canadian companies were recognized world leaders [...]

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Alberta encourages Chinese investment

Friday, October 19, 2007

阿尔伯塔促进中国投资
Oct. 17, 2007 (China Knowledge) – Canada’s Alberta encourages China to increase its investment in the oil province with many oil sand reserves, said a senior official from Alberta on Tuesday.
Iris Evans, Alberta’s Minister of Employment, Immigration and Industry, revealed in a press meeting at the Canadian Embassy in Beijing, that the more Chinese investments [...]

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Growing concerns over sovereign wealth funds

Friday, October 19, 2007

主权财富基金渐增地被看成世界经济威胁
PETALING JAYA: Sovereign wealth funds (SWFs) have been drawing criticism since late July when it emerged that Temasek Holdings Pte Ltd and China Development Bank would invest US$18.5bil and US$13.5bil respectively in Barclays.
The investments would, at the time, help finance the British bank’s bid to take over Dutch financial group ABN Amro Holding.
The [...]

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TransAlta Power agrees to $629M takeover by Li Ka-Shing company

Friday, October 19, 2007

李嘉诚长江基建加币629元收购建议获加拿大TransAlta Power董事会接纳
CALGARY – TransAlta Power LP (TSX:TPW.UN) has agreed to be taken over by Cheung Kong Infrastructure Holdings Ltd. of Hong Kong in a deal worth more than $629 million in cash.
Cheung Kong, a unit of the Hutchison Whampoa conglomerate controlled by billionaire Li Ka-shing, is offering $8.38 per unit for TransAlta Power, owner of [...]

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Ottawa to block state-linked takeovers: Sources

Thursday, October 4, 2007

渥太华将要阻止国营公司收购加国战略性资产
OTTAWA – The federal government is preparing to issue a policy directive as early as next week that would place a “national security” test on takeovers of strategic Canadian firms by foreign state-owned enterprises.
Sources have told The Canadian Press that Industry Minister Jim Prentice is concerned about foreign state-owned entities snapping up Canadian firms in [...]

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