The latest takeover news came as Montreal-based aluminum company Alcan reached a friendly deal to be acquired by Anglo-Austrialian mining giant Rio Tinto.
The panel will be chaired by Lynton "Red" Wilson, formerly the president and CEO of BCE Inc. and the chairman of Nortel Networks. He is currently the chairman of CAE Inc.
The panel also includes: Isabelle Hudon, the CEO of the Board of Trade of Metropolitan Montreal; Thomas Jenkins, the executive chairman and chief strategy officer of Open Text Corp.; Brian Levitt, a mergers and acquisitions expert at the law firm Osler, Hoskin & Harcourt LLP; and Murray Edwards, the owner and president of merchant banking firm Edco Financial Holdings Ltd.
The panel is due to report back to Bernier by June 30, 2008.
Who knows what they'll end up reporting. For all we know those CEOs/Presidents could say we don't nearly have enough, but let's hope they hear from people like Gordon Laxer, Mel Watkins & others. I've heard Mel Hurtig ask during his talks what people like John Manley, Paul Martin & others would consider to be too much foreign ownership?
[Proofreader's note: this article was edited for spelling and typos on July 16, 2007]
Note: Link
Stumble It!
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Dave Ruston
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frenchy
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Robert Billyard
Foreign investment is the temporary inflation of a country's money supply from abroad.
The purpose is to take, not to bring. Foreign investment is nothing more than a small, temporary loan to enslave and put people into a state of permanent debt.
Money is created against resources, and when you have resources, you have money, therefore, no country that receives foreign investment needs any, because they can create their own money supply against their own resources.
The problem is that with this fraud, the multinationals can exploit both the producers and the users through the control
of the markets.
This used to be called cartels, but nobody dares to talk about them now, as it wouldn't be "business friendly"
In any case, a racket is a racket and globalization is the biggest one in history.
Ed Deak,