Scraping Foreign Ownership Limits, OECD Study Urges

Posted on Wednesday, February 14 at 11:37 by 4Canada
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

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  1. Wed Feb 14, 2007 7:57 pm
    Remember ladies and gentlemen, if the C.D. Howe Institute likes it, it can't be good.

    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?

    ---
    "I think it's important to always carry enough technology to restart civilization, should it be necessary." Mark Tilden

  2. by Rural
    Wed Feb 14, 2007 10:46 pm
    Seems to me that the last thing we need is for foreign corporations to have increased control over our News Media, Internet, Telephone, Newspapers, Trucking, Rail Service (what’s left of it) and the like. Interesting that recent news from the auto sector says that whilst foreign companies can import their product here the same is not true of the reverse, I suspect the same is true of investment. The fault lies not with those who take the opportunity to invest but those that do not set limits on it, each agreement between Nations should be such that the signers could exchange the names of the two particular countries and the documents intent and legal terms should not substantially change. A nation MUST protect its Communications, Transportation, Social Systems, Natural Resources, and yes even Industrial / Commercial infrastructure from foreign control if it is to remain an INDEPENDENT nation. Shit! Maybe its to late.

    ---
    When you are up to your ass in alligators it is difficult to remember that the initial objective was to drain the swamp

  3. by RPW
    Thu Feb 15, 2007 3:21 am
    <blockquote> There are just certain things that no nation should allow forgein control over </blockquote>Maybe that's it. Maybe we are no longer a nation, and so everything is for sale..............<p>---<br>"When you change the way you look at things, the things you look at change." <br />
    -Max Planck<br />
    <br />

  4. by avatar Milton
    Thu Feb 15, 2007 1:38 pm
    Multi National Global Corpse come here and borrow money from our banks (which our banks don't have but create out of thin air) and then they buy a Canadian company. Some MNCs borrow money from foriegn banks, (who also don't have the money to lend but are eager to conjure it out of thin air), with which to buy Canadian companies. This is all fraudulent con games and the CD Howe institute is in the propaganda division of the global mob.

  5. Thu Feb 15, 2007 4:31 pm
    I always have to laugh when I hear of "capital starved Canadian companies" and wish these crooks could come up with a better lie.

    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.



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