The theme of the Canadian Venture Capital Association’s 2007 conference, which takes place this week in Halifax, N.S., is ``Capital Without Borders.’’
But it’s taking place as some Canadians want the country’s borders strengthened against the inflow of foreign capital.
The Opposition Liberal Party in Ottawa on Monday called for the government to delay approval for any corporate takeovers by foreigners for three months while considering changes to foreign investment rules.
The statement came a day after the polling agency Ipsos Reid released the results of a poll showing 56% of respondents believe foreign ownership is a real problem in the country, while 16% said it was not a problem.
The three-day CVCA conference, which began with a reception last night, includes about 20 U.S. attendees out of about 400 participants. Today, Henry Kravis, the founding member of Kohlberg Kravis Roberts & Co., will deliver the keynote address. – Peter Moreira
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