Social media is rife with sketchy investment advice from influencers flaunting flashy cars and colossal mansions claiming that you—yes you—could also lead a life of luxury if you just listen to their advice (and buy their products, of course).
Would it surprise you to learn that some of these people are scammers?
The government is looking to implement new rules under the Investment Canada Act that would require foreign actors to give advanced notice of investments in sectors deemed as “sensitive” and subject those investments to conditions from Canada’s industry minister.
But a new report from the University of Calgary highlights that Canada’s ambitions might be far-fetched. With less than 5% of proven critical mineral reserves needed for the global energy transition, regions like South America, Africa, and China might take centre stage.