![]() National Post | UPDATE 4-Canada approves Nexen and Progress Energy bids Reuters NEW YORK/OTTAWA, Dec 7 (Reuters) - Canadian authorities approved the acquisition of Nexen Inc by CNOOC Ltd and the purchase of Progress Energy by Petronas, easing months of anxiety over the fate of foreign investments in Canadian resources. Ottawa's guidelines for investment by foreign state-owned enterprises Terence Corcoran: Rocky road lies ahead for foreign investments in Canada Foreign takeovers: Here's how the Investment Canada Act works |







