North Sea oilfield is expected to produce eight million barrels of oil.
Approving Nexen takeover won’t undermine free-market control of the oil patch, according to prime minister Harper.
Observers say CNOOC’s $15.1 billion bid for Nexen is a chance to clarify ground rules in a new world where state-directed investors are flexing their muscles.
University of Alberta poll suggests Chinese resources investment is acceptable, but ownership is less welcome.
Critics say ambiguity is harming Canada’s foreign investment process.
Prime minister calls on the Asian country to show it can play by the same rules.
Prime minister says $15 billion deal will be analyzed to determine net benefit to Canada.