Chinese investment in Canada cut by nearly half as diplomatic spats, currency controls take toll
Chinese investment in Canada nearly halved in 2018, as Beijing’s restrictions on capital outflows combined with rising Western scrutiny of its state-owned firms and heightened diplomatic tensions to put a damper on its global dealmaking ambitions.
At 47 per cent, the drop in investment in Canadian firms was slightly deeper than the global decline, which came in at 40 per cent, according to new data from the Canada-China Investment Tracker, maintained by the University of Alberta’s China Institute. Total investment fell to $4.43 billion from $8.45 billion in 2017.
“What struck us was the sharpness of the decline, which was quite significant albeit somewhat in line with global figures,” said Gordon Houlden, a former Canadian diplomat and head of the institute. “It suggests the heady days of Chinese investment are certainly over for now.”
Border Patrol Wife Invites Speaker Pelosi to See Why Walls Are Needed
“We would like to show you around! You don’t need to bring any security detail. Our husbands/significant others are actually very good at their jobs, thank goodness!” Jill Demanski, the wife of a Texas-based Border Patrol agent wrote in a letter to Speaker Pelosi. She told Fox News she wrote the letter because she felt Pelosi needs to see this area of the border in person in order to make an informed decision about border security funding.
Toronto’s Tory Cites 2-Yr-Old Memo to Ban Guns: Mark Towhey Show
Toronto Mayor John Tory is urging the federal government to ban guns owned by federally licensed hunters, farmers and sport shooters across Canada based on a two-year-old police memo that he refuses to share, he told Mark Towhey yesterday on NewsTalk 1010 radio.
Toronto police data obtained by Dennis Young through a special request contradict the claims cited by Tory, although gang crime has soared since he was first elected mayor in 2014. He was re-elected in October.
5 Strong Ideas For A Conservative Canadian Climate Plan
The Trudeau Liberals – along with their allies in much of the establishment media – are trying to score political points by attacking the Conservatives for supposedly not having a ‘climate plan.’
While the Conservatives will probably unveil something comprehensive later on, it would actually be quite easy to neutralize the Liberals and in fact bring in a ‘climate plan’ that is far better for the future of the country.
WaPo: ‘A paid agent of the Clinton campaign approached Russian officials for damaging material on Trump’
“…the Clinton campaign proactively sought dirt on Trump from Russian government sources. They did it through cutouts. In April 2016, Clinton campaign lawyer Marc Elias retained opposition research firm Fusion GPS to compile incriminating information on Trump. Fusion GPS in turn hired Christopher Steele, a former British MI6 operative with sources among Russian government officials. The result was the salacious dossier, whose sources included “a senior Russian Foreign Ministry figure” and “a former top level intelligence officer still active in the Kremlin.” Steele’s work was paid for by Clinton’s presidential campaign and the Democratic National Committee. That means a paid agent of the Clinton campaign approached Russian officials for damaging material on Trump.”