Lexpert published its special edition on Energy in The Globe and Mail’s Report on Business magazine on October 31. This special Energy edition includes the following feature articles: Foreign Investment: The federal government’s new rules on foreign investment may have caused a slowdown in foreign investment in 2013, but foreign state-owned enterprises have found new ways to do deals From
Tag: Foreign Investment
‘Guidelines will only take us so far’: Osler competition law expert
Lack of clarity on foreign investment rules was the subject of headlines this week, after Ottawa announced last Friday that the proposed takeover of Progress Energy by Malaysian state-owned-enterprise (SOE) Petronas did not meet the “net benefit test.” With a new policy framework on foreign investment expected in the not-too-distant-future, Peter Glossop, partner at Osler,
Nexen shareholders overwhelmingly approve CNOOC deal
Reuters has just reported that Nexen Inc shareholders overwhelmingly approved the oil producer’s takeover by China’s CNOOC Ltd this morning. The stock weakened as public opposition to a state-owned enterprise absorbing $15.1 billion of Canadian-owned assets appeared to grow. “I think that’s healthy to have a good debate on whether this is in the best
Comments on Ottawa’s “foreign affiliate dumping” budget rules due today
Today is the deadline for comments to the Canadian Department of Finance on new “foreign affiliate dumping” rules. Click here to see the invitation for comments. Lexpert spoke with Adrienne Oliver, co-chair of Norton Rose’s Canadian tax team, about the proposed rules and the improvements her and her clients are hoping to see in their
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