The Canadian Progressive: Forest Ethics: Canada’s Tar Sands 71% Foreign-owned

by Forest Ethics: An in-depth review of shareholder information from Bloomberg shows that 71 per cent of all tar sands production is owned by non-Canadian shareholders. Supposedly Canadian companies (with Canadian headquarters and accounting practices who trade on our stock exchanges) are largely owned by foreign interests, including Suncor (56.8%), Canadian Oil Sands (56.8%), Nexen ...