With LNG, Asian takeovers of Canadian energy assets still booming

The relationship is suffering,” or so goes the mantra in our mainstream press. For the last number of months, politicians, media and the talking heads have repeated the story that foreign investment – read Chinese – has fallen of a cliff and bi-lateral relations are frosty due to Harper’s “tough” new, yet undisclosed, policies on investments from foreign state-owned-enterprises (SOEs) in particular. Chief among the irritants causing the Chinese-Canadian bilateral “suffering” is the “delays” in ratifying the Foreign Investment Promotion and Protection Act (FIPPA). But how does that square with reality?

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On Sept 19, 2023 ahead of the Climate Ambition Summit in New York City, climate activists gathered for a rally and civil disobedience outside Bank of America Tower in Midtown Manhattan as part of the March to End Fossil Fuels wave of actions resulting in multiple arrests. Activists demand Bank of America to “Defund Climate Chaos and Defend Human Rights” Photo: Erik McGregor (CC BY-NC 2.0 Deed)

Let’s Save Each Other

Let’s Save Each Other

Illustration by Stephanie McMillan. Used with permission