Proceed With Caution? State-Owned Enterprises and the Need for a New Approach to Investment Policy

Alternate Text or Title of article


Delta Bow Valley
Bow Valley Ballroom
209 4 Avenue S.E.
Calgary, AB


State-owned enterprises (SOEs) have become major investors in the world economy and resource sectors over the past two decades. In December 2012, the Government of Canada implemented policy that dictates that investments by foreign SOEs seeking control of a Canadian oil sands business will only be approved on an exceptional basis; SOE transactions throughout the economy will be monitored to determine whether they are of likely net benefit to Canada; and transactions will continue to be reviewed on a case by case basis. Has the federal government got it right? What are some alternative policies it could consider?

Join The School of Public Policy for a conference that will bring together leading experts, practitioners and policy makers in the areas of FDI and SOEs, including a keynote address from The Honourable Perrin Beatty, President and CEO, Canadian Chamber of Commerce. This two-day symposium will feature expert panelists, and discussions will focus on topics including:

  • -What we know and don’t know about SOEs, how they operate and how they affect their host- and source-countries
  • -Best practices to maximize the net economic benefits from SOE investment through appropriate host‐ and source-country policies
  • -Linkages between SOE investments and domestic firms and ways to enhance economic growth and security


Confirmed panelists and speakers include:

Angela Avery, ConocoPhillips Canada
Hon. Perrin Beatty, The Canadian Chamber of Commerce
Eugene Beaulieu, The School of Public Policy
Anthony E. Boardman, University of British Columbia
Ailish Campbell, Canadian Council of Chief Executives
Duanjie Chen, The School of Public Policy
Wendy Dobson, Institute for International Business, Rotman School of Management, University of Toronto
Erica Downs, John. L. Thornton China Centre, Brookings Institution
Brian A. Facey, Blakes
Martha Hall Findlay, EnStream and The School of Public Policy
Sheng Hong, Shandong University and Unirule Institute of Economics, China
Lawson A.W. Hunter, Q.C., Stikeman Elliott, C.D. Howe Institute
John Knubley, Deputy Minister, Industry Canada
Przemyslaw Kowalski, Organisation for Economic Co-operation and Development
Li-Wen Lin, Faculty of Law, University of British Columbia
Jack Mintz, The School of Public Policy
Cam Proctor, Sinopec Canada
Colin Robertson, Canadian Defense and Foreign Affairs Institute
Roger W. Robinson, Jr., RWR Inc.
Daniel Schwanen, C.D. Howe Institute
Mark C. Thurber, Program on Energy and Sustainable Development, Stanford University
Alicia K. Quesnel, Burnet Duckworth & Palmer LLP
Yuen Pau Woo, Asia Pacific Foundation of Canada
Deborah Yedlin, The Calgary Herald

To view the program, please click here.