The Investment Canada Act and Chinese Investment in Canada

[This is an interesting article by Mark Katz]

When it comes to foreign direct investment, China and Canada have been described as a match made in heaven. Canada has vast natural resources but not necessarily the domestic financial capacity to develop them; China has a major appetite for natural resource imports and massive levels of outward foreign direct investment.

The Canadian government has, of late, been making assiduous efforts to attract Chinese investment. However, a June 2012 report by the Conference Board of Canada suggests that Canada is still seriously lagging behind other resource-rich countries, such as Australia, which attracts approximately three times more Chinese direct investment than Canada does.

 

Original article: http://www.cba.org/CBA/PracticeLink/08-12-bc/investment.aspx