Sunday, October 21, 2012

Canada still welcomes foreign investment despite Petronas-Finmin

CALGARY, Alberta, Oct 21 (Reuters) - Canada still welcomes
foreign direct investment despite the federal government's
refusal late last week to approve the C$5.17 billion ($5.17
billion) acquisition of Progress Energy Resources Corp
by Malaysian state oil company Petronas [PETR.UL}, the country's
finance minister said on Sunday.

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