Wednesday, June 03, 2009

Canada not yet ready for China

On June 3, 2009, Dr. Wenran Jiang was interviewed by the Financial Post on the recent developments of Canada China energy relations.

As reported in the Financial Post on June 2, China is renewing its push for an energy alliance with Canada and seeking the support of Canadian political leaders to establish a major energy corridor linking Western Canadian supplies to the Chinese market.

Dr. Jiang noted that the Chinese see the oil sands as expensive, largely because of high labour costs. Nonetheless, they feel they can fix the problem by supplying their own cheap workforce, as they are doing in oil projects around the world, but are frustrated by Canadian regulations and public perceptions.

You can read the article here.

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