OTTAWA: Canadian Prime Minister Stephen Harper signaled on Monday his government will treat state-owned enterprises differently than private-sector companies when it decides whether to approve foreign investments in Canada.
Ottawa is currently evaluating a $15.1 billion bid by China's state-owned CNOOC Ltd to take over Canadian oil producer Nexen Inc as well as a $5.2 billion proposal by Malaysia's Petronas to buy Progress Resources Energy Corp. Decisions are expected in the next few weeks.
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