Chinese to invest in PAL - Canadien Ambassador speak!
Published Monday, Feb. 11, 2013 5:15PM EST
Last Updated Monday, Feb. 11, 2013 5:34PM EST
EDMONTON -- Canada's ambassador to China says money from the Asian country is likely to keep pouring into Canadian resource projects.
But Guy Saint-Jacques also says he thinks those dollars will increasingly flow into mining and forestry as well as energy development.
"I expect that the interest will increase on the mining side," he said in an interview with The Canadian Press after speaking to an audience at the University of Alberta on Monday.
"What I expect also is maybe they will start to get interested in the forestry sector. There's already investment in pulp manufacturing. I think they are starting to look at potential minority participation in a number of companies."
A little tidbit I came across concerning the Chinese. They are extremely efficient and industrious - except of course now during their New Year frolicking!
The South African government has spent billions on trying to build latrines for its people over the last decade. FORTY TWO MILLION South Africans still do not have decent latrines. The article I read said that 5 Peoples' Worker Brigades could have had this done if not in a year certainly within two at a fraction of what they have spent already!
I bet they would have those PAL mines up and running within a year!