In­vest: Canada has a pos­i­tive at­ti­tude

China Daily (Canada) - - ACROSS AMER­I­CAS -

“US$60.5 bil­lion has been signed to Canada, 95 per­cent of which flowed to nat­u­ral re­sources. But new find­ings show that in­vest­ment from China to Canada has be­gun to di­ver­sify, and pri­vate com­pa­nies are be­com­ing the new dom­i­nant play­ers in the Cana­dian mar­ket. There are 216 Chi­nese com­pa­nies ac­tive in ev­ery sec­tor of the Cana­dian mar­ket,” Xia told the gath­er­ing.

“Chi­nese in­vestors have made a good con­tri­bu­tion to the Cana­dian econ­omy,” he said. “The 216 in­vest­ing Chi­nese com­pa­nies oper­at­ing in Canada have brought 6,500 di­rect jobs.”

Asked why Chi­nese in­vestors were still con­fi­dent on Canada with the slump in prices of nat­u­ral re­source, Xia said that he had talked with many ex­ec­u­tives of the Chi­nese com­pa­nies.

“Their con­fi­dence comes from their per­spec­tive on Canada’s eco­nomic re­cov­ery and on the Chi­nese eco­nomic trans­for­ma­tion for the long run, even though they are fac­ing tem­po­rary dif­fi­cul­ties,” he said.

“The con­fi­dence also comes from the pos­i­tive at­ti­tude and fa­vor­able poli­cies of the Cana­dian gov­ern­ment’s wel­com­ing of for­eign in­vest­ment,” Xia added.

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