TORONTO (Reuters) – Canada’s Liberal government is open to the idea of fostering better trade ties with China by easing foreign investment restrictions, a senior legislator said on a national political talk show on Sunday.
“It’s something we would consider amongst a number of different things,” David Lametti, parliamentary secretary to International Trade Minister Chrystia Freeland, said on CTV’s “Question Period.”
Canada’s former Conservative government clamped down on takeover bids for energy companies by foreign state-owned enterprises. The restriction came after China’s CNOOC Ltd 0883.HK made a bid for Calgary-based Nexen in 2012, prompting fears of external control of the country’s …
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