CANADA EASES BARRIERS AGAINST FOREIGN INVESTORS

Canada has removed most restrictions on foreign investment in the energy industry. Federal Energy Minister Jake Epp told a Calgary conference the percentage of Canadian ownership of the industry is less important than a healthy industry. Epp is not concerned that control of the industry could be lost as a result of increased foreign ownership. "Control is not necessarily ownership," he said. "If you look around, this is very much a regulated industry." Under the policy changes:

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