Foreign Takeover Watchdog Needs Toughening Up

Published February 13, 2008

With a federally appointed task force of eminent Canadians, chaired by Red Wilson, examining how Canada should deal with foreign takeovers, this would be a good time to look at how Australia´s Foreign Investment Review Board

operates.

Investment Canada, our own foreign takeover screening agency, is seen as an ineffective paper tiger. It has to determine whether a takeover yields a "net...