Canada sets high bar for approving large M&A deals in critical minerals

Exceptional Circumstances News

Canada sets high bar for approving large M&A deals in critical minerals
Critical MineralsCanadaMining Industry
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 55 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Canada on Thursday put the mining industry on notice that any major deals targeting the country's producers of critical minerals would only be approved under...

TORONTO - Canada on Thursday put the mining industry on notice that any major deals targeting the country's producers of critical minerals would only be approved under "the most exceptional circumstances ".

Champagne said the government would now set a high bar when assessing the net benefits of any deal involving critical minerals producers, adding this reflected how important it was to protect what it considers a strategic sector. Canada in the last two years has taken a tough stance on foreign investments in the critical minerals space, specifically from China where it has asked investors to divest from Canadian companies due to their Chinese involvement.Former President Barack Obama has reportedly told allies that Joe Biden’s disastrous debate performance has made his bid to win back the White House even tougher than it had been previously.

If there’s one thing that American voters overwhelmingly agree on, it’s that this year’s presidential election presents a stark choice. In the latest CNN poll by SSRS, 91% of registered voters say they see important differences between President Joe Biden and former President Donald Trump, dwarfing even the 77% of voters who said last fall that there were significant divides between the Democratic and Republican parties.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Critical Minerals Canada Mining Industry

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Environment Canada warns of severe thunderstorms that could hit the GTA Thursday nightEnvironment Canada warns of severe thunderstorms that could hit the GTA Thursday nightEnvironment Canada meteorologists are tracking a “cluster of severe thunderstorms” in the GTA that is “capable of producing strong wind gusts and heavy rain” on Thursday night.
Read more »

Bank of Canada rate cut: Join the FP's Q&A with BMO's Douglas Porter ThursdayBank of Canada rate cut: Join the FP's Q&A with BMO's Douglas Porter ThursdayRegister now for a live Q&A with BMO's chief economist and the Financial Post's Joe Hood and Barbara Shecter
Read more »

Metro Vancouver flights: Air Canada and WestJet launch Canada Day salesMetro Vancouver flights: Air Canada and WestJet launch Canada Day salesOver 100 destinations are on sale.
Read more »

Canada's economy grew in April, with growth expected to continue in MayCanada's economy grew in April, with growth expected to continue in MayCanada's economy grew 1.1 per cent annually in April, Statistics Canada said on Friday.
Read more »

Canada's inflation rate increased to 2.9 per cent in May, Statistics Canada saysCanada's inflation rate increased to 2.9 per cent in May, Statistics Canada saysCanada’s annual inflation rate picked up steam in May, rising to 2.9 per cent, according to Statistics Canada.
Read more »

Canada’s population could reach 63 million in 50 years: Statistics CanadaCanada’s population could reach 63 million in 50 years: Statistics CanadaPeople over 85 set to triple according to projections
Read more »



Render Time: 2025-02-19 17:31:25