Chinese State owned oil giant plans takeover of Canadian based Novus Energy.
Yes, another one bites the dust and while investors clink glasses of fine scotch as they watch the stock prices rise, I’m left wondering what this slow but steady advance of Chinese state takeovers in Canada will ultimately mean – not only for our country, but for our ability to control our own resources.
It appears I am not the only one left what the end game will be played out. This is a great read.
More recent news on Chinese interests in Canada : https://lailayuile.com/2013/08/28/petro-china-executives-face-corruption-probe/
*** check back in the next day or so for a more Translink revelations.