The U.S. Department of Defence on Dec. 3 blacklisted a Chinese state-owned oil company that has a heavy presence across Canada for being associated with the communist regime’s military.
Every year Epoch Times takes a look back at the biggest news stories that grabbed the attention of the entire country. This year, Toronto Mayor Rob Ford made headlines around the world and a handful of senators managed to make abolishing the Senate an idea with traction. Like most years, the big news is often the most tragic, such as natural disasters or an iconic business gone awry, but at least we had a social media juggernaut of an astronaut to lighten the mood.
Recent developments in Canada’s relations with China was the topic of a forum hosted Monday by Green party leader Elizabeth May and Rev. Majed El Shafie.
During the last month of 2012, Christian Paradis, Canada’s minister of industry, announced on behalf of the Canadian government the approval of the $15.1 billion acquisition of Nexen Inc. by China state-owned enterprise (SOE) China National Offshore Oil Company (CNOOC).
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against a firm for insider trading related to the recently proposed CNOOC-Nexen deal.