Latest Foreign Takeovers Are Eroding Canada's Lead in the Mining Industry

Published August 29, 2007

Canadian companies have long been leaders in the mining industry, but over the past year and a half, one by one, our major mining companies have been picked off in takeovers by foreign companies.

While many Canadians wanted to see a merger of Inco and Falconbridge, enabling the combined company to become a global champion, instead the two were taken over by the Brazilian company CVRD and the Swiss company...

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