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Practical Guidance for Foreign Investors in the Canadian Mining Sector
March 13, 2014
Chinese investment in Canada's mining sector has grown over the past few
years and is expected to grow into the foreseeable future. The Canadian
ambassador to China, Guy Saint-Jacques, has recently stated that the
amount of Chinese money flowing into energy development is still three
times the size of the amount going into mining. Yet, he revealed that a
Chinese-controlled company now has a plan in front of northern
regulators to build major open-pit lead, zinc and copper mines along
Canada's Arctic coast. He also stated that there is Chinese interest in
northern Ontario's Ring of Fire mining region and in Saskatchewan's
potash reserves. The policy changes are unlikely to deter that
investment in the long run despite the potential increased uncertainty
and politicization of the process created by these latest changes to
Canada's investment review regime. Published in China Going Global Observer, vol. 1 (2014).