Articles

Does Canada have a questionable investment reputation around the world?

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In a recent media interview, Kevin O’Leary, chairman of O’Leary Ventures, the Miami-based company which is in the midst of planning a major data centre in the Municipal District of Greenview near the Northern Alberta city of Grande Prairie, related his experience in proposing this project to European sovereign wealth funds. O’Leary described being initially shot down by those potential investors because of what he said is the Canadian federal government’s poor reputation for approving large infrastructure projects.