Originally posted by malleefarmer
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The government owns statoil and virtual has a monopoly on oil production. Western Canada historically has been invested in heavily by foreign oil companies. Trudeaus nep chased out a lot of these outfits and it took 20 years before they came back. I have a problem with foreign companies buying up Canadian companies but for a foreign co to come in and develop a resource why not. Often times domestic interests do not have near enough funds to partake in large projects.
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