China buying Vancouver Island woodlands

[lazoman]

http://www.cbc.ca/news/business/story/2012/11/06/china-investment-brookfield.html

Deal is set to go through this week for 12.5% of Island Timberlands, which owns 254,000 hectares on the island !!

 

[Dogbreath]

In the end China will own everything one way or the other-they are billions and billions of people and they will outbid/outmanoeuvre all offers-I note they own much of the USA already.

In the past few years they've bought a lot of farmland on the prairies here-much to the relief of many farmers who weren't young anymore and had no one to take over for them.

 

[Fish-Hunter]

For F sake. I am getting really sick of this.

You and me both!

Just go to China and TRY to buy 254,000 hectares of land. (NOT gonna happen).
Just go to China and TRY to buy up one of their resources to export raw. (NOT gonna happen).
Just go to China and TRY to buy 100% ownership of a major company...
Just go to China and argue the fact that the TRADE street that we are on is not actually a two way street. Hell just go to Parliament Hill and try to make the same arguement!!!
Our Politicians need to open their fugging eyes and see what they are doing, and stop being blinded by the $$$$$$$ signs that are flashing before their eyes. All they are after is the quick buck!


TRUELY and REALY SICKENING!


One more thing that we need our country to realize needs to happen, We need to stop exporting soo much raw exports, and set up to send out more finished goods at higher values and creating jobs for CANADA at the same time.

 

[pescador]

Canadian business's have extensive holdings in many countries, including China...It's fine when we want to buy someone elses turf, but, gets a little senstive when it happens the other way around. Sorry to say it guys, but, business today is global. Get used to it......

 

[MRACER]

How can the Nation of Canada sell woodlands to the nation of China when all of British Columbia is owned by the First Nation?

 

[tincan]

Um, please provide your support for this statement. I agree that Canadian companies do own some assets in China but the ratio of investments in Canada owned by China is far in excess as far I have have learned. Not only that, Canada investments in China often involve us buying/partnering with a manufacturing plants, etc which creates jobs whereas China investments in Canada often involve them buying up our natural resources (oil, gas, minerals, lumber, etc) in attempts to ship these things out in as RAW a form as possible which kills jobs in Canada and increases jobs in China. I don't think too many people would argue that sustainable global trade/commerce is a bad thing but the way it's being done now is anything but sustainable.

Canadian business's have extensive holdings in many countries, including China...It's fine when we want to buy someone elses turf, but, gets a little senstive when it happens the other way around. Sorry to say it guys, but, business today is global. Get used to it......

 

[pescador]

Given the size of China's economy and their disposable wealth, a trade balance in their favor is no surprise. Recently trade between the US and China exceeded in one quarter what Canada’s was. We've always been the US's largest trade partner. Looks like thats going to change. I see risks and benefits of the current trade with China. At some point as their economy moves up the bell curve, there will be a tipping point where buying raw goods won't make sense. They will/are developing an appetite for foreign high quality goods and services from us. Not doing business with them now isn't going to help us in the long term capitalize on their market. I agree that sustainable trade deals are important, but, this is a developing country where progress is made with incremental changes to trade deals over time. You need an entry point. As painless as it is, our current deals will evolve and improve over time. Just my view. Hey, remember Japan in the 60's? There are some parallels.....

 

[alwaysfishn]

Given the size of China's economy and their disposable wealth, a trade balance in their favor is no surprise. Recently trade between the US and China exceeded in one quarter what Canada’s was. We've always been the US's largest trade partner. Looks like thats going to change. I see risks and benefits of the current trade with China. At some point as their economy moves up the bell curve, there will be a tipping point where buying raw goods won't make sense. They will/are developing an appetite for foreign high quality goods and services from us. Not doing business with them now isn't going to help us in the long term capitalize on their market. I agree that sustainable trade deals are important, but, this is a developing country where progress is made with incremental changes to trade deals over time. You need an entry point. As painless as it is, our current deals will evolve and improve over time. Just my view. Hey, remember Japan in the 60's? There are some parallels.....

Well said!

While we should be processing our raw materials and selling more manufactured goods to China and other countries, the reality is that with our high labor rates, shipping costs, etc. we cannot build products that are competitive with countries like China. We could build stuff, but no one would buy it.

 

[terrin]

So I guess in order to make a short term buck and get re-elected in 4 years time we overlook all the human rights issues, the poverty wages, the rigged chinese yuan, the future resource needs of our grandkids with November 11th coming up our forefathers would be rolling over in their graves if they saw our current short term greed and long term sellout.

 

[pescador]

I agree with your cynicism. Unfortunately you're describing many of the countries we already trade with today. If your criteria was the sole selection process for who we trade with, your grandkids (and mine) will probably have to leave Canada to find employment, but, our resources would be intact. It’s all about managing that delicate balance.

 

[bee15]

china will set themselves up and then bring in their own workers ust like the did in mining, this island is for sale by timber west they even have their own realty company raw logsare exported because they come from private propertytime to shut the gates

 

[bee15]

you want to go by chinese guards on the gates to get out and enjoy the woods on vi cause that will happen if they own them,western world thinks short term money china is long term stability they have all the western money now from manufacturing and selling back to us and dont think they will care a bit about native rights or anything else especialy your grandchildrens