Issues: Strategic industries, state-owned enterprises and the national interest
October 16, 2012
On Wednesday October 17 2012, Canada 2020 hosted a panel discussion on state-owned enterprises (SOEs) buying into strategic industries in Canada.
The event was entitled ‘Buying Canada‘ – an acknowledgement of the fact that more and more foreign companies are seeking opportunity in Canada, especially within the energy and natural resources sector.
And yet the recent CNOOC-Nexen deal (valued at $15.1 billion – a 60% premium on the share price) has drawn attention because of one very large, very crucial distinction from typical FDI: CNOOC is a Chinese state-owned enterprise, and in many respects an agent of Chinese government foreign policy.
It is because of this that we have struck a panel to help us answer some of the following questions:
- What is at stake when state-owned enterprises seek to take over Canadian companies?
- Are strategic sectors in Canada that should be ‘protected’ and examine what makes us nervous about these kind of takeovers.
- Are nervous about Chinese takeovers than takeovers from other countries? And is this justified?
To prepare for the discussion, we have pulled together a deck that walks through the important issues, concerns and questions at play. It also summarizes some of the key pieces of federal policy, and profiles the key actors in the approval or rejection or SOE takeovers.
You can read the deck here: Canada 2020 – Buying Canada SOEs Issue Deck
As well, be sure to watch the event, live, at 4:30 PM online at canada2020backup.see-design.com/live.
Research: Getting TPP Right
As China begins challenging the U.S. for political and economic dominance in the pacific region, establishing free trade agreements with the rest of the continent is imperative for Canada. This makes the proposed Trans-Pacific Partnership Agreement (TPP), a free trade deal that would span the Pacific Ocean but notably does not include China, an essential component of Canada’s long-term trade agenda.
Opinion: The Canada-China relationship – how we keep up the momentum
The Canadian Council of Chief Executives’ Ailish Campbell reports from our joint event, “The Canada-China Relationship: Keeping up the momentum” on Tuesdsay, October 29th. At the event, Saskatchewan Premier Brad Wall joined a panel of experts to talk to way forward for our two economies. In this post, Campbell summarizes 5 thoughts on how to keep up the momentum.
October 29, 2013
Event recap: Drilling down on the Asian cities agenda
Canada 2020’s third panel in the Canada We Want in 2020 Speaker Series took place in Ottawa on March 27 in front of an engaged crowd of 200 at the Château Laurier Hotel.
You can recap by watching the entire video on our event page, or read this summary.
Blog: Why ‘Asia – it’s big!’ won’t cut it
Our conversations on Asia are stuck in a rut – and that’s a problem. If we’re going to help each other be engaged members of the policy community that shapes and forms opinions and decisions, we need to be smarter in how we talk about the opportunities and risks in engaging the new pacific century.