Post by
crow27 on Nov 16, 2022 10:03pm
Getting Interesting
The Globe notes that while Ottawa has forced Chinese state-owned enterprises to immediately sell their shares of three small Canadian battery minerals companies, the federal government did not mandate any divestment from large Canadian critical minerals companies with Chinese state-owned shareholders. Those include Teck Resources, First Quantum Minerals and Ivanhoe Mines -- all of which have huge mines in operation
Comment by
Luxor69 on Nov 16, 2022 10:15pm
I wonder who are the 3 battery mineral companies? Do you know Crow? Cheers.
Comment by
cashtango00 on Nov 16, 2022 11:34pm
This is a non issue because Ivn assets are not in Canada so nothing could be enforced. If it was pushed, Ivn just re registers in another jurisdiction such as what encana did when they redomicled to the US. In such case, Canada loses the taxation. That trick only works when the asset is in the home country. More political posturing from the Canada government.
Comment by
BSdetector2016 on Nov 17, 2022 10:58am
Exactly. More Potatohead trying to look tough.
Comment by
gossamer15 on Nov 17, 2022 12:36am
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