Foreign takeover rules knocked down oil shares: study

[news]

http://i.cbc.ca/1.2673703.1402599634!/fileImage/httpImage/image.JPG_gen/derivatives/16x9_460/syncrude-oilsands-worker.JPG Ottawa's move to stop foreign state-owned enterprises from investing in Canada's oil patch have pushed down shares in Canadian oil companies, knocking between 20 and 30 per cent from their value since the rules came in, an analysis from the University of Calgary finds.


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