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To: Southack

most of those limits are company specific and are disappearing. There are almost no limits on foreign purchases of Canadian companies now.


70 posted on 04/01/2005 10:11:19 PM PST by CanadianBacon
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To: CanadianBacon
"There are almost no limits on foreign purchases of Canadian companies now."

I hold stock in at least 3 canroys, BPT, PVX, and PWI. They each claim that if their total non-Canadian stock ownership percentage goes above 48%, that they will sell your foreign stock shares for you to a Canadian buyer, with no choice for you as a U.S. citizen. Otherwise, they lose their rights to being incorporated as Canadian firms.

If that's changed, then it has been recent.

78 posted on 04/02/2005 1:19:20 AM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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