Foreign Ownership of Canadian Natural Resources: Canada 2020 Panel Discussion

November 23, 2010

On November 23, Canada 2020 convened a panel of economic and business experts to address one of the great unresolved questions of Canadian political economy – does it matter who develops our natural resources?

For years, successive federal governments have rubber stamped these foreign takeovers of iconic Canadian natural resource companies like Inco and Falconbridge. The approvals reflected conventional political wisdom in Ottawa that foreign direct investment, not protectionism, is basically a good for the Canadian economy.

Enter the Harper government – and its historic decision to block the takeover of Saskatchewan’s Potash Corporation by Australia’s BHP.  Has 25 years of federal public policy orthodoxy on foreign ownership been thrown out the window? Come and hear national and international experts in the country’s first major debate on this crucial issue.

This free event (host bar) is presented in cooperation with iPolitics.ca and made possible thanks to the kind support of Amgen Canada, AstraZeneca, Bluesky Strategy Group, Inc., Canadian Brewers Association, CIBC, Nexen, Pickworth Investments LP, Plutonic Power Corporation, Scotiabank, Suncor, TELUS, and individual members of the Canada 2020 Founders’ Circle.

Featured Participants

Hon. Roy Romanow

Former Premier of Saskatchewan

Michael Bryant

Ogilvy Renault and former Ontario Attorney General and Minister of Economic Development

Professor Michael Hart

Simon Reisman Chair in Trade Policy, Norman Paterson School of International Affairs, Carleton University

Related Content

Opinion: Excellence and Equity in Skills and Higher Education in Canada

Canada has been a strong performer in post-secondary education and skills development for many years. On key measures we are at or near the top of international rankings and highly skilled Canadians contribute to economic prosperity, social innovation, and political and community well-being. But there are signs that Canada’s performance may be deteriorating and, despite a commitment to equality, opportunities and achievement in skills and higher education have been poorly distributed across regions and groups.

Opinion: Industrial policy is back — except in Ontario

Countries with robust industrial policies — especially in Asia and other emerging markets — have seen superior growth performance post-recession.

Canada 2020′s Eugene Lang looks at the sad-state of affairs in Ontario’s, Canada’s former manufacturing heartland and the things governments can do to promote investment, industrial development and economic growth.

Our 2013 Speaker Series kicks off in front of a packed house

This year’s The Canada We Want in 2020 Speaker Series kicked off last night in Ottawa, with a spirited, insightful and provocative conversation about why competition matters to Canadian productivity and innovation.

Issues: Competition Matters – or does it?

It is our contention that if we are to have a more innovative, productive Canada by 2020, the business environment in this country needs to become more competitive. This is by no means the whole solution, and it may not even be the main solution, but it does appear to be part of the answer.

Opinion: Barriers to competition must fall if productivity is to gain

Canada’s lacklustre productivity growth has become a preoccupation of policy makers, and a prime suspect is the lack of competition faced by Canadian firms.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Site by Carbure