"Foreign ownership" refers to the situation where individuals or entities from another country possess the ownership or controlling rights over a property, business, or assets in a different country.
Full definition
In the early days of online legal research, when everything was uncertain, governments and law societies were legitimately concerned about the prospect of
foreign ownership of Canadian legal information.
Foreign investors will no longer have to meet requirements to qualify as foreign institutional investors, according to the news agency but will have to continue to obey limits
on foreign ownership of stocks.
Here's a place to start cutting — the restrictions on
foreign ownership in the Canadian airline sector.
But amid promises of more of the same, there is slight hope that the Conservative government might finally address a long neglected issue —
foreign ownership laws.
The panel delivered its report in the summer of 2008, calling for
increased foreign ownership in a host of sectors, from telecommunications to mining to the airline industry.
This would mean among other things that countries would have to allow 100 per
cent foreign ownership of their banks and insurance companies.
If foreign ownership increases more than domestic ownership does, it creates a deficit in the financial account.
Any bid will test the federal government's shifting stance
on foreign ownership of telecommunications companies.
Indian laws limit
foreign ownership in domestic insurers to 26 percent, although the government has announced plans to ease the cap to 49 percent in the future.
Amid promises of more of the same, there is slight hope that the Conservative government might finally address a long neglected issue —
foreign ownership laws.
They might also push for an end to rules that limit
foreign ownership of Canadian telecom companies, or push for tighter restrictions on Canadian beef and pork exports.
The government has decided to open up business sectors which were previously closed or restricted, for up to to 100 per
cent foreign ownership.
The Liberal Party needs to identify the market imperfections and barriers to entry that cause a lack of competition, such
as foreign ownership restrictions in the oil sands and airline markets, and find ways to break down those barriers.
In his speech, Li said that China will continue to open up its banking sector to the world by removing
foreign ownership caps on banks, brokerage houses and fund management firms.
This foreign buying has motivated a former city councillor, Peter Ladner, to put forward the idea of
restricting foreign ownership of real estate.
Now, China's government has made an auto - related announcement that might go some way toward pleasing the U.S. president: China is going to allow
full foreign ownership of automakers on its turf, within five years.
Egypt - based Orascom had announced in January that it wanted to fully own and control Wind Canada after the federal government
lifted foreign ownership restrictions on telecom companies with a 10 per cent or less share of the market.
As I've harped on many, many times,
with foreign ownership restrictions creating major barriers to new competitors of all stripes, market forces have never actually existed, so neither has competition in all the areas the CRTC governs.
MSCI adjusts its inclusion in the index to reflect not just market capitalisation of stocks, but free float available to investors, as well as
foreign ownership limits on shares in companies and access to market for investors.
China will
raise foreign ownership limits to 51 percent in securities, fund management, futures and life insurance companies «over the next few months.»
In some cases, such as with telecommunications, this problem is further exacerbated
by foreign ownership restrictions.
Certainly, 25 % is much higher than CMHC's estimates for the condo market released in April, which pegged
foreign ownership at around 7 % for Toronto condos built since 2010, and 6 % for new condos in Vancouver.
So while the debate rages about whether Canada should be
welcoming foreign ownership of companies or fearing and rejecting it on the grounds that it will «hollow out» the country, the video game industry has cast a giant «who cares?»
In the meanwhile, myriad high - profile news stories — from Industry Minister Tony Clement overruling the CRTC's ruling that Windmobile
violated foreign ownership guidelines to the government's decision to block the sale of Potash Corp. to BHP Billiton — made clear why Canada's foreign investment guidelines must be updated.
Most of the CEOs believe Canada's
foreign ownership policies are uncoordinated and need to be re-examined, although 29 % of the respondents say the country's rules tend to work well in their current form.
«VimpelCom may wait for foreign ownership [regulations] to be removed (tightening belts in the meantime) and sell the Canadian business,» wrote RBC Capital Markets analyst Jonathan Allen in a research note.
The 1980 act, originally designed to protect farm property
from foreign ownership, subjects foreign buyers to both their domestic and U.S. taxes when they sell their investment, unless their home country has a taxation treaty with the United States.
If Beijing
relaxes foreign ownership limit in its auto industry, international companies may seek greater or full control of their ventures in China — a move that would hurt their local partners, analysts at Daiwa Capital Markets said.
Thus, before the IMF deal, the shareholding limit for foreign individuals in a Korean company was 7 % while the
aggregate foreign ownership in a Korean company was limited to 26 %.
Apr 17, 2018 (TREND News Agency via COMTEX)-- China will
scrap foreign ownership caps on local auto companies by 2022 and will remove restrictions on new - energy vehicle ventures this year, a major shift that will open the market wider to carmakers from Nissan (7201.
If these are impossible to do we could lower
foreign ownership which would happen by itself in any case if either of the two previous measures were instituted.
Not only did the government fail to
ease foreign ownership and entry restrictions in the key sectors of telecom and air transport, it rendered the Investment Canada Act's foreign investment review process more uncertain and less transparent.
The Conservatives have rigged spectrum auctions, overruled regulators,
rewritten foreign ownership requirements and blocked the sale of Mobilicity to Telus.
This year, the government announced a much bigger investment geared toward collecting housing data — $ 300 million over the next decade, including $ 39.9 million to
study foreign ownership.
Phrases with «foreign ownership»