By The Hon. David Kilgour on October 19, 2012
The proposed buy-out of Nexen Inc., Canada's sixth largest oil company, for $15.1 billion by the government-owned China National Offshore Oil Corp (CNOOC) obliges the Harper government to decide whether or not to approve the purchase under the undefined "net benefit" and "national security" tests in the Investment Canada Act. Here are some concerns.
