Posted on 01/22/2005 1:20:41 PM PST by MikeEdwards
Is China’s ownership interest in Alberta oil sands being financed with Canadian tax dollars?
Officials with Sinopec Corp.-- a company majority owned by the Chinese government has already been in Alberta for their own look-see--an actual tour of the oil sands.
A second Chinese state-owned company, Minmetals Corp. is working on a bid to acquire Toronto-based mine company Noranda Inc.--a deal worth more than $7 billion.
When the fix is in, the Canadian Liberal Government will have managed to sell off our nation’s coveted natural resources–allowing China to buy them with our own money!
This story begins and ends with The Canadian International Development Agency (CIDA), which provides more development assistance to China than to any other country in the world. That information gem comes from the Canadian Embassy in Beijing.
CIDA’s disbursements for the bilateral program (the core of Canada’s development in China) amounted to $65.45 million in 2002.
Megamillion Canadian economic expenditures in China extend to projects conducted by Canadian non-profit and private sector groups, as well as by the International Development Research Centre. Canada also contributes big time to the work of multilateral agencies in China, such as the United Nations Development Program, UNICEF and the World Health Organization.
Overtaxed Canadian citizens ruled by a Liberal government that claims budget surplus, and still no tax breaks in sight, are paying plenty to Communist China.
Examples of current Canadian-sponsored development projects in the Orient include . . . . .
To read the entire article go to Peoples’ Republic of China on Canadian soil
(Excerpt) Read more at canadafreepress.com ...
Interesting. Thanks for the post and welcome aboard MikeEdwards!
"This story begins and ends with The Canadian International Development Agency (CIDA), which provides more development assistance to China than to any other country in the world."
Why is China receiving development assistance? Seems to me they are doing more than well enough on their own.
Liberals trying to buy Chinese newcomer votes in Canada at taxpayer expense!
The Liberal Party of Canada has repeatedly shown it cares much more about immigrants than those born in this country.
Then why do they keep getting reelected?
"Why is China receiving development assistance?"
An excellent question that deserves an answer!!!
While China is a developing country, it certainly should not be privy to the same assistance afforded to other countries like Cambodia, Laos, and many others that are truly dirt poor.
It's a huge scam I tell ya!
I question the very term "developement assistance". Any country that free's its markets and establishes private property rights and a stable currency will develop. Handouts are not necessary.
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