Exclusive-Canada will not retrospectively target Chinese investments in Canadian mining companies, minister says

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Exclusive-Canada will not retrospectively target Chinese investments in Canadian mining companies, minister says
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TORONTO : Canada will not force Chinese state-investors in three of its large mining companies to divest stakes, as such a move would create policy uncertainty, natural resources minister told Reuters.In November, Canada had asked three Chinese companies to sell their stakes in Toronto-listed lithium expl

TORONTO : Canada will not force Chinese state-investors in three of its large mining companies to divest stakes, as such a move would create policy uncertainty, natural resources minister told Reuters.

"If you start looking backwards at investments, it will create all kinds of uncertainty about whether an investment is ever really an investment," Natural Resources Minister Jonathan Wilkinson said in an interview late on Tuesday on the sidelines of Prospectors and Developers Association of Canada conference in Toronto.

 

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