Mondialisation non équitable = Protectionniste

Je pense qu’il faut être de plus en plus prudent sur les acquisitions provenant de toutes sources étrangères, surtout provenant des pays émergents même indirectement comme BHP pour Potash, l’offre provenait d’une compagnie australienne, mais l’Australie dépend beaucoup des pays émergents pour sa croissance, on le constate avec les ententes régulières avec la Chine et Rio-Tinto.

La Chine a plus de 900 milliards de réserves américaines, qu’elle veut se départir le plus rapidement, elle va se servir de toute occasion pour acquérir richesse minière ou technologie, nous devons être de plus en plus prudents, tant aussi longtemps que nous n’obtenons pas une mondialisation plus équitable.

Chine - Balance commerciale 1992


Chine - Balance commerciale 2010


Interactive graphic: China’s trade

Since a new round of economic reforms was launched in 1992, China has become a crucial trading partner for many countries across the globe. We highlight 43 developed and developing economies, showing how China’s share of each country’s foreign trade has increased over the past two decades. Click on each country to view the value of its exports to China over the same period.


Source : Interactive graphic: China’s trade, FT reporters, January 17 2011


The Canadian government rejected BHP Billiton's $38.6 billion bid to buy Potash Corp. of Saskatchewan, in a surprise decision that signals domestic concerns over the protection of national assets and control of natural resources.

Industry Minister Tony Clement, who reviewed BHP's bid, said the Anglo-Australian miner had not satisfied the requirement that such a large foreign investment create a "net benefit" for Canada.

Increasingly, big mining deals are being mired in geopolitical or national interest debates. Guinea recently banned iron-ore miner Rio Tinto from a significant portion of its mining property, saying Rio was not paying enough in royalties. In Australia, miners including BHP led a charge to beat back a proposed huge tax on mining profits.

It's also a significant departure for Canada, a free-trade champion that has approved takeovers of three of its biggest miners and its biggest steel company in the last several years.

Popular unease following those sales—combined with the fact that some companies didn't keep promises made to win approval—has contributed to public resistance to BHP's bid, policy-watchers say.

Saskatchewan Premier Brad Wall, one of the deal's most vociferous opponents, warned the province could lose as much as $6 billion in royalty and tax revenue and control over a vital resource.

Mr. Wall on Wednesday said he doesn't think there are any conditions under which the government should approve the BHP bid. "This is not a bargaining position," Mr. Wall said.

Mr. Wall made an impassioned plea to Ottawa Thursday to block the $40-billion takeover bid for Potash Corp. of Saskatchewan Inc., saying

·         It is not in the strategic interest of the province or the country to sell the world’s biggest potash resource.

·         He never felt that BHP Billiton Ltd.’s proposal created a net benefit in terms of jobs, royalty revenue or strategic value.

·         Had mainly expressed concerns about potential loss of revenue and jobs if BHP buys Potash Corp.

The premier also launched a new line of attack Monday against BHP Billiton's bid, with his weapon of choice two interviews with the former chair of the Australian mining company dating to 2008 and 2009.

·         The Sask. Party government issued a news release citing newspaper stories where Don Argus, then company chair, warned that Australia could lose control of its resources and become a "branch office -- just like Canada."

In his own speech last week, Wall warned that large Canadian mining companies were becoming an "endangered species" and that approval of the bid would continue a worrying trend.

Strategic importance of potash to Saskatchewan and the fact that Potash Corp. is one of Canada’s last major mining companies.

Yet it was evident from Mr. Wall’s comments that he would not look favourably on any foreign takeover of the company.

Instead of addressing that issue, Potash Corp. issued a very careful statement Thursday thanking Mr. Wall for his comments and stressing that it is a proud Canadian company.

Mr. Mackenzie said that BHP’s offer is in the strategic interests of Saskatchewan, despite what the Premier said.

“I think that if you believe in private enterprise, then you try and find the best company to do the best job for Saskatchewan, and that you want a company that believes the resource belongs to Saskatchewanians.


Saskatchewan premier rails against Potash play, Peter Koven, Financial Post · Thursday, Oct. 21, 2010

Alberta premier Stelmach supports Saskatchewan against BHP takeover of PotashCorp, By James Wood, The StarPhoenix October 27, 2010

Wall off on potash blitz, Trip attempts to sway opinion against takeover By James Wood, The StarPhoenix; with files from Postmedia News, October 26, 2010

Canada Slaps Down BHP's Potash Bid, By Phred Dvorak and Anupreeta Das, Wall Street Journal, NOVEMBER 3, 2010