A separate study issued by the C.D. Howe Institute found there are also tax-related obstacles when it comes to foreign investment in Canada's private equity sector
Those tax rules, which include double taxation when U.S. firms sell shares in private Canadian companies, are keeping hundreds of millions of dollars in investment capital from flowing into Canada, according to the report, which was written by two partners with Boston-based law firm Choate Hall & Stewart LLP.
“Without change, capital-starved Canadian companies will fail to commercialize much of the nation's [research and development] investment, raising the risk of Canada squandering a significant share of its intellectual capital and needlessly imperilling its future economy growth,” the think tank said.
http://www.theglobeandmail.com/servlet/story/RTGAM.20070213.wforeignn0213/BNStory/Business/home
Note: http://www.theglobeandm...

There are just certain things that no nation should allow forgein control over. Banking and telecom are but two. Don't be distracted by the 'Canadian Companies will lose research and investment funding' crap.
Just how does double taxation on American bound income detract from Canadian R&D funding?
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"I think it's important to always carry enough technology to restart civilization, should it be necessary." Mark Tilden
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When you are up to your ass in alligators it is difficult to remember that the initial objective was to drain the swamp
-Max Planck<br />
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No company in Canada is, or should be cash starved, especially when they take huge amounts out of the country to "invest" abroad.
Remember, it was the OECD that tried to push the MAI on us and the EU Constitution on Europe. It is nothing more than a big business PR agency to take over and colonize.
Ed Deak.