Where are the net benefits from foreign takeovers?
"Where are the net benefits from foreign takeovers?"
As Canadians have watched the Federal government again approve foreign takeovers in the resource sector the issue of net benefits is again front and centre.
When a foreign company takes over a Canadian company there is supposed to be a net benefit for Canadians.
The Federal government rejected the BHP takeover of potash in Saskatchewan because of the lack of benefits but earlier approved the Vale takeover of Inco that has had a negative net benefit for Thompson.