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Canada will attract foreign capital despite greater scrutiny: experts

Canadian Press, The Canadian Press
0 Comments| December 7, 2012


CALGARY - A portfolio manager says Canada's resource sector will continue to attract capital from foreign state-owned enterprises even though oilsands takeover deals will face greater scrutiny from now on.

Ottawa approved two major deals today — a Chinese takeover of Nexen Inc. (TSX:NXY) and a Malaysian takeover of Progress Energy (TSX:PRQ).

© The Canadian Press, 2005


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