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  1. Business - Economy - TAXATION

    Canada and Hong Kong end expats' double tax whammy

    Posted Nov 12th 2012, 12:00am by Colleen Lee

    ... Colleen Lee colleen.lee@scmp.com Trade and investment expected to be boosted as city signs agreement No 26 on taxation HK and Canada in deal to end tax double whammy Hong Kong and Canada have signed a treaty to avoid double taxation and increase trade between the two economies. Currently, income earned by Canadians in Hong Kong who are still deemed residents of Canada ...

  2. Canada has big dreams to tap Asian gas market

    Posted Feb 06th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com Canada, which exports most of its natural gas to the United States, has set its sights for the first time on Asia to diversify its market - with China a key target. With largely stagnant gas consumption domestically and in the neighbouring US, Canada is seeing a golden opportunity in the Asia- Pacific region, where demand for liquefied natural gas ...

  3. Housing booms in Canada

    Posted Feb 22nd 2012, 12:00am

    ... Peta Tomlinson Global housing markets 'limped into the new year', with Canada remaining a notable outperformer, according to a Scotiabank Group report on global real estate trends. Canada and France led 10 developed economies in the third quarter of last year, with respective growth of 4.8 and 4.4 per cent, followed by Switzerland with 3.3 per cent. The other ...

  4. Canada looks to China for ore deals

    Posted Nov 21st 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com Resource-rich Canada is looking East- particularly to China- for buyers for about 60 minerals and metals that it produces, as demand from its traditional markets ... of Canada's iron ore reserves are mined, China is Canada's biggest export market. Spot market iron ore prices surged to an average US$164 per tonne so far this year, from US$64 in 2006, bolstered ...

  5. Esprit to leave US, Canada?

    Posted Aug 20th 2011, 12:00am

    ... May Chan may.chan@scmp.com Esprit Holdings, the Hong Kong listed clothing retailer, may be rethinking its businesses in North America and Asia, analysts said yesterday. The company is considering the possible sale of its operations in the US and Canada, according to Bloomberg, which cited three people familiar with the matter. Patrick Lau, Esprit's senior vice-president ...

  6. PetroChina quits deal for Canada gas firm stake

    Posted Jun 23rd 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com PetroChina has walked away from a C$5.4 billion (HK$43 billion) stake acquisition in a natural gas project in Canada after it failed to reach agreement ... PetroChina said it had agreed to pay C$5.4 billion for a 50 per cent stake in Encana's Cutbank Ridge unconventional gas development project in western Canada. It was subject to due diligence ...

  7. Canada's low interest rates spur demand for industrial buildings

    Posted Feb 23rd 2005, 12:00am by John Gray

    ... John Gray in Toronto Driven by low interest rates and the rising cost of existing industrial buildings, Canada's industrial construction industry appears headed for a boom. The boom is helped by foreign investors who are buying existing industrial properties as well as building for the speculative market because Canada is more stable than the relatively weak United States ...

  8. Cut-price Canada

    Posted Jul 06th 2007, 12:00am by Charlotte So

    ... Tony Tyler, the new chief executive of Cathay Pacific, yesterday said the carrier would offer more cheap tickets on its Vancouver route after new player Oasis added a service to the Canadian city last month. 'I understand that Oasis will sell seats v ...

  9. Canada fund opens first overseas office with US$200m investment

    Posted Feb 27th 2008, 12:00am by Staff Reporter

    ... Cameron Dueck The Canada Pension Plan Investment Board (CPPIB), which manages US$119.4 billion in Canada's social security funds, is putting US$200 million into FountainVest, a newly ... in Hong Kong is in line with the fund's plans to invest much of its future capital overseas, with much of it expected to come from Canada eventually. About 50 per cent of the fund is invested ...

  10. Canada's oil sands draw new interest

    Posted Aug 08th 2005, 12:00am by John Gray

    ... invest in the sector after being blocked by the US from buying oil giant Unocal. There have not been similar concerns expressed in Canada about Chinese interest in the oil sands, but it was noted ...




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