The last week of each year, the minimum period of Canadians working actively, because only a handful of days, is sandwiched between the Christmas and New Year's Day two statutory holidays, many people took the opportunity to take leave to rest, even insist on work also down-hearted.
However, this did not prevent the politicians, the media, non-governmental organizations and indigenous groups is a sensitive investment cases in arms: a company called MMG Mining plans to invest in the development of northeastern Canada in the Arctic Circle Neinu Na Wu in 2013 the Yi Suoke Lake, where the construction of large-scale mining centers and supporting infrastructure.
MMG Mining is a Chinese state-owned enterprises - Minmetals Resources, a subsidiary registered in Australia, although the company claims, once the project is launched, and bring 1,100 temporary jobs will now sparsely populated, economically backward areas, and more will be created after completion of 710 permanent jobs; industrial Although development Yi Suoke Lake Xinu Na Wu special area for the center, this is the established policy of the Government of Canada's federal and Nunavut. However, the advance of the project is still difficult.
Opponents counter reason, including damage to the environment, affect caribou survival, is not conducive to sustainable development, "and so on, but as many local commentators have pointed out, the reason of course there are, but the most fundamental reason Canadian geese are swans, their resources to foreign companies, especially foreign state-owned enterprises to meddle in the country's natural resources have a strong resentment.
Chinese people this Canadian "national resource control" can be described as impressed: CNOOC's $ 15.1 billion acquisition of Canada Nixon Oil 66% equity trading case since late July last year, it caused an uproar in Canada, the opposition "opaque approval process" grounds Walking hearing process in Canada (which would mean a long wait time and endless agonizing), the intelligence department to move out of the commonplace, but as yet no case of the empirical theory of economic espionage " claimed that the merger would "pose a threat to Canada's national security", the ruling party's opponents to China's "authoritarian problem again," human rights issues ", the media and think tanks take public opinion that matter (October polls show 58% of Canadian respondents were opposed to the awful merger, 78% of Canadians were opposed to the merger of all foreign state-owned resource companies in Canada, only 12% support awful merger, Nixon company headquarters Carl Gary, the proportion of respondents who opposed the merger once as high as 63%.), all in a word - can not sell. Although this transaction is ultimately in the efforts of the Harper government Albert provincial government, the company is located, as well as the Nixon shareholders on December 7 last year, able to be approved, leaving behind the "Never again" and "This is not to betray their own resources start but the end of the "severe tail.
Some domestic commentators felt that the Canadians are prejudiced against China and the Chinese state-owned enterprises, but in fact not the case.
Almost simultaneously with CNOOC - Nixon case, the Petronas in progress oil companies, the acquisition of Calgary, Canada, for $ 5-6 billion deal is much smaller than the CNOOC - Nixon merger, the relationship between Malaysia and Canada also very close, but the fate of this acquisition is not even such as CNOOC - Nixon: October 19, the Federal Ministry of Industry of Canada announced that the case "does not comply with the Investment Canada Act, the provisions' must bring significant benefits to Canada 'Standard' newspaper rejected, though later reverse the verdict, and ultimately the same in the December 7 "release, but can not but stick CNOOC - Nixon suspected of" Never again "light.
And even "close ally" in Canada belong to the Commonwealth of Australia, its state-owned enterprises trying to meddle in the country's natural resources in Canada, it will not get good face: in October 2010, one of the world's top three mining enterprises - BHP Billiton launched for Canada potash merger, the total amount of $ 390-423 one hundred million U.S. dollars, if successful, will be Canada's largest-ever worldwide are also a handful of large transactions (merger than CNOOC - Nixon almost half times as large scale ), but the deal eventually under heavy sniper in the Canadian federal and provincial abortion, BHP Billiton to face Canadians smug "how much money do not sell iron plate, can only feel powerless and frustrated.
So, exactly why is this?
Canada is sparsely populated, resource-nation, despite the established industrialized countries, but its economy in recent years, increasingly dependent on resource industries, only in the case of oil, according to the Canadian federal Department of Energy, the oil industry's share of Canada's federal economic weight 1974 only 7% to 10% in 1980, in recent years, stable at about 11%, it is expected that more will rise to 15% in 2015. In addition to the natural resources of oil, potash, uranium, zinc and other minerals, as well as cork products are an important part of the Canadian economy. In layman's terms, the Canadians, the resources of their jobs and lifeblood, so that their own jobs and lifeblood lies in the hands of foreign governments, in their opinion, it is the very thing the insurance, such as potash , the outsider, the Canadian potash company unhurried development, sales really throwaway equal to guarding the golden bowl to eat, but the local government, the eyes of the public, to do so can be firmly in control of the international pricing of potash son succeeding generations for the benefit of, to earn a long-term money, and if accepted "The Proposal" BHP Billiton, which White is bound to expand production capacity in the international market price dumping tantamount to killing the goose that lays the golden eggs, in terms of the local.
Moreover, the natural resources in Canada distribution is uneven, such as Canada's top priority core industries - oil sands refining industry in recent years, on the Midwest Alberta, the richest, and the more extreme the potash industry, supply more than half of the global market, by both belong to a the Canpotex consortium's Canadian potash and two smaller firms Agrium and Mosaic control, the more valuable ore almost all concentrated in the central part of Saskatchewan. Large dispersion, small settlements "mode makes oppose the mergers and acquisitions advice Once formed, with a very strong cohesion, xenophobia and self-protective, not only local government dare not vague (or certainly step down), the federal government must solemnly (Canada is a parliamentary cabinet offended mining area voters means not even think about the House of Commons seats in the constituency).
Another should not be overlooked, environmental and aboriginal forces.
Canada is the kingdom of active environmental organizations, radical environmental organization "Greenpeace" on the origin, many of them against the exploitation of natural resources, more opposed to foreign state-owned development, Aboriginal organizations on the development of "own resources" often have reservations about their enterprise) impact vigilant psychological, sometimes also including all "foreign" ("outside". Opposite distribution of mineral resources, the distribution of environmental forces and indigenous forces, "everywhere", the absolute number is not more than anywhere, but everywhere, and the total number of substantial, they are unable to say "no", but enough to use their ballots acquisition of Canadian resources to foreign state-owned enterprises, the development of set of obstacles, and public opinion made large. Prolific self-inland due to the oil sands of Canada, regardless of the south-exports to the United States, or westward over the Rocky Mountains, exports to the Pacific (5.39, -0.08, -1.46%) coastal port shipped should be laying pipelines, pipeline along steadily indigenous tribes and environmental groups "blocking", it has become a common landscape.
Of course, the mentality of Canadians is contradictory: on the one hand, they are not willing to sacrifice precious natural resources, on the other hand, their economy is becoming more dependent on the output of natural resources, which they often reflect in the polls for foreign acquisitions attitude repeated contradictions, not only different mergers and acquisitions, and even the same merger at different times, there may be different results of the poll.
Canada's federal ruling party - Federal Conservative stronghold in mining concentrated Albert prairie three provinces, Prime Minister Stephen Harper is the mining giant stronghold concentrated Alberta Calgary elected members of Congress, understanding the importance of resource exports more profound, in recent years, especially the desire to increase resources and development efforts, and try to get rid of dependence on the U.S. market, market diversification, the fact of foreign state-owned enterprises mergers and acquisitions often "too hard". As mentioned earlier, but deep-rooted resistance to acquisition of foreign state-owned national resources, and different motives pressure, the ruling party and the government dare not go too far too hasty pace. According to legend, the Investment Canada Act this year will be significantly modified, the acquisition of Canadian businesses of all foreign state-owned enterprises will face greater scrutiny, the new changes will significantly reduce the foreign private capital standards required for approval of the acquisition of Canadian company equity from 3.3 billion plus yuan more than the required approval, changed to the more than one billion Canadian dollars, but has remained the same standards for foreign state-owned enterprises.
It is worth mentioning that, even if the new regulations take effect, but the not the beginning of the article mentioned the Yi Suoke Lake development projects, because it is not equity mergers and acquisitions, but direct investment. However, as long as the culture and habits of this national resource geese are swans, foreign state-owned enterprises times tentative, "checkpoints" and "walking a fine line, and will be forced to remedy the situation one after another new" inhibition "sequential introduction.
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