Forging energy links between Canada and China

The Canadian energy minister visits China for seven days to forge links between Albertan and Chinese energy firms.

Marg McCuaig-Boyd, the Canadian minister for energy in the Alberta cabinet, has been on a seven-day trade visit to China to encourage Chinese investment in the Canadian energy sector.

McCuaig-Boyd, a member of the Alberta New Democratic Party that raised concerns over Chinese investment in the country, met with Chinese government officials and executives from China-based energy firms including the state-owned Chinese National Petroleum Corporation.

In 2012, while in opposition, the New Democratic Party opposed the China National Offshore Oil Company's C$15.1bn ($11.7bn) takeover of gas-company Nexen. However, Rachel Notley, Premier of Alberta and leader of the Alberta New Democratic Party, said relationships must be forged between Alberta and Chinese businesses.

On her trip to China, McCuaig-Boyd was joined by representatives of Canada-based energy companies Suncor, Enbridge and MEG Energy, oil and gas company Encana, and oil and gas financial analytics firm EBW.

- Photo courtesy of Twitter

See more from this Government Report: Canada, People's Republic of China

Back

Copyright Mawsonia Limited 2010. Please don't cut articles from www.globalgovernmentventuring.com or the PDF and redistribute by email or post to the web without written permission.

Most read

  1. STT reinforces Armor with $89m investment

    April 06, 2017

  2. UK to review tax breaks

    April 03, 2017

  3. BDC helps accelerate Calgary startups

    April 13, 2017

  4. Tianjin City launches $17.4bn fund

    April 13, 2017

  5. Arralis appears on Hong Kong-based consortium’s radar

    April 05, 2017

Events

  • 23 May - 24 May, 2017

    GCV Symposium 2017 - London

    Join 400+ business leaders from the corporate venturing and wider high growth business ecosystem for the two-day 2017 GCV Symposium.

  • More Events