Subscribe to Canada Free Press for FREE

Majorities say Canada should encourage investment from UK, EU, US, discourage from China

Foreign Direct Investment in Canada: Who’s favoured, who’s frowned upon?


By —— Bio and Archives September 12, 2017

Comments | Print Friendly | Subscribe | Email Us

As Canada continues to look for ways to deepen its economic ties with the world’s second-largest economy, a new public opinion poll from the Angus Reid Institute finds most Canadians feeling either ambivalent or skeptical about Chinese investment in this country, and most would prefer to discourage it in all but a few sectors of the economy – namely manufacturing, technology, and retail.

That said, Canadians are more receptive to Chinese money entering their nation’s economy than they are to investment from Russia or the United Arab Emirates.

Criticisms of Chinese investment may – in part – reflect broader uncertainty about Foreign Direct Investment (FDI) overall. This study finds substantial variation in Canadians’ willingness to encourage such investments depending on where the money is coming from and what sectors it’s going into.

Key Findings:

  • Canadians are more willing to encourage investment from the United Kingdom, the United States, and the European Union than from China, Russia, or the United Arab Emirates
  • A majority of Canadians (58%) say discouraging Chinese investment would be “worth it to prevent Chinese takeovers of Canadian companies,” compared to 42 per cent who say it would be “not worth risking damage to the economic relationship” between the two countries
  • That said, more than half would encourage Chinese investment in Canada’s manufacturing (53%), retail (54%), and technology (59%) sectors. These three sectors are the most popular ones among the Canadian public for foreign investment regardless of its country of origin

 


Index:

  • Part 1: FDI acceptable from certain countries and in certain sectors
    • Investment from U.K., U.S., E.U. regarded more favourably
    • Russia, U.A.E regarded with caution
  • Part 2: Chinese Foreign Direct Investment – an analysis:
    • More see Chinese investment as bad than good
    • In which sectors should China be encouraged to invest?

Link to the poll here:
Download .PDF (1 MB) with detailed tables, graphs and methodology.

Media Contact:
Shachi Kurl: .(JavaScript must be enabled to view this email address) @shachikurl



Angus Reid Institute -- Bio and Archives | Comments

The Angus Reid Institute is a national, not-for-profit, non-partisan public opinion research foundation established to enhance and encourage better understanding of issues and trends affecting economic, social, governance, philanthropy, public administration, domestic and foreign policy in Canada and its world.

Commenting Policy

Please adhere to our commenting policy to avoid being banned. As a privately owned website, we reserve the right to remove any comment and ban any user at any time.

Comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal or abusive attacks on other users may be removed and result in a ban.
-- Follow these instructions on registering: