Survey: US, China to lead Canadian investment

Canadian oil executives and investment bankers expect the US and China to be the most active sources of foreign investment this year in Canadian oil and gas assets, particularly oil sands, according to a survey released by Blake, Cassels & Graydon LLP.The report, Canadian Oil and Gas Insight, involved telephone interviews of 38 executives and 16 investment bankers during September and October 2005. The poll was conducted by Mergermarket on behalf of the Calgary law firm. Executives and investment bankers expect the US to be the most active source of investment in Canadian oil and gas.“Interestingly, 46% of corporate respondents and 33% of investment bankers surveyed believe that...

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