There is strong public opinion against foreign ownership in Canada.What was one acquisition that the federal government recently blocked?
A)acquisition of Potash Inc.
B)acquisition of Inco.
C)acquisition of Petro-Canada
D)acquisition of Intrawest

Question

Quizplus · Accepted Answer

In 2010, the federal government blocked the acquisition of Potash Inc. by Australian mining giant BHP Billiton, citing concerns of national interest and the importance of the potash industry to Canada's economy. This decision was supported by strong public sentiment against foreign ownership of Canadian companies, particularly those in strategic industries.

There Is Strong Public Opinion Against Foreign Ownership in Canada