Bloomberg News

Alberta Opposes Full Chinese Company Ownership, Poll Says

October 24, 2012

Albertans oppose full Chinese ownership of companies in the province, and are more open to allowing investors from the Asian country to hold minority stakes, according to a poll by the University of Alberta.

Sixty-four percent of Albertans disagreed with the statement that full ownership by Chinese investors is acceptable, while 15 percent agreed, according to the poll, which was released today and commissioned by the University of Alberta’s China Institute. When asked about partial ownership by Chinese investors, 36 percent were opposed and 37 percent in favor.

The results come as the federal government reviews Cnooc Ltd.’s (883) $15.1 billion takeover of Nexen Inc. (NXY), a Calgary-based oil and gas producer.

The telephone survey of 1,210 people was conducted by the university’s Population Research Lab from July 3 to 18. It has a margin of error of 2.8 percentage points, the institute said.

To contact the reporter on this story: Theophilos Argitis in Ottawa at targitis@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net


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