The wealthiest 1 percent now control 39 percent of the world’s wealth, and their share is likely to grow in the coming years, according to a new report.
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Foreign cash is OK, foreign control is not, energy firms say
EDMONTON-China’s financial role in the Alberta oilpatch — injecting more than $15 billion for investment and acquisitions over the past three years — is not seen as a problem by industry players.
Speaking Thursday in Edmonton on the second and final day of the National Buyer Seller Forum, three executives agreed Canada alone doesn’t have the financial ability to fund the large projects.
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