Analysts and investors say Ottawa’s crackdown on foreign investment could hurt Canada as the mining industry underpins a large part of the country’s economy
Junior mining companies hoping to produce lithium, nickel and other green energy metals are worried that Canada’s crackdown on some overseas investors may limit their ability to raise funds for mines and related facilities.
Nearly half of the world’s mining companies are listed in Toronto and the city has long been a premier destination for junior mining companies to raise funds, above even rival exchanges in Sydney, New York and London. “The effect of these orders was to spook investors and likely drive capital and mining entrepreneurs to other jurisdictions,” said Paul Fornazzari, an attorney for one of the companies forced to shed its Chinese investors.
However, the government’s crackdown could rebound and hurt Canada as the mining industry underpins a large part of the country’s economy, investors and analysts say.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Nordstrom’s exit from Canada speaks to lasting pandemic woes: Analysts - BNN BloombergNordstrom Inc.’s retreat from Canada points to company-specific issues as well as wider challenges in a beleaguered retail sector still recovering from the pandemic, according to retail analysts.
اقرأ أكثر »
Participants, Boxing Canada thrilled to have female boxing part of Canada Winter Games in P.E.I. | SaltWire“It’s a huge, significant moment for boxing in this country. It is nice to see our sport moving towards gender equity,” said Boxing Canada president Ryan O’Shea.
اقرأ أكثر »
CANADA: Charmaine Crooks appointed Canada Soccer's interim presidentThe beleaguered governing body, under the microscope for its ongoing labour battle with the Olympic champion women and resurgent men's team, named Crooks its interim president on Wednesday. She faces a busy calendar and uncertain landscape
اقرأ أكثر »
CANADA: Charmaine Crooks appointed Canada Soccer's interim presidentThe beleaguered governing body, under the microscope for its ongoing labour battle with the Olympic champion women and resurgent men's team, named Crooks its interim president on Wednesday. She faces a busy calendar and uncertain landscape
اقرأ أكثر »
![Bitcoin’s [BTC] price struggles continue as analysts warn of further drop](https://i.headtopics.com/images/2023/3/4/cryptoamb/bitcoin-s-btc-price-struggles-continue-as-analysts-bitcoin-s-btc-price-struggles-continue-as-analysts-1632116957897011203.webp?w=640)
Bitcoin’s [BTC] price struggles continue as analysts warn of further dropBTC long liquidations rose to their highest position since August 2022. Analysts believe that a decline in BTC’s price is imminent. Following the sharp decline in Bitcoin’s [BTC] price in the early trading hours of 3 March, long liquidations soared to a seven-month high, data from Coinglass showed. The drop in value was triggered by […]
اقرأ أكثر »
Firefighters cool down south end hot tub fireOttawas Fire Services were called Friday evening when a backyard hot tub and shack caught fire on Craighall Circle, off Rialto Way, in the south end Greenboro district.
اقرأ أكثر »