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    market news

    Ottawa intends to relax uranium rules

    Investing News Network
    Mar. 04, 2010 09:10AM PST
    Long Tail

    G&M reports Ottawa plans to relax foreign ownership rules in the uranium sector.
    Meantime, Cameco reiterated its hope that opening Canada’s doors to foreign investors will in turn give it access to mine ownership in other countries.
    The push to increase foreign ownership in Canada’s uranium sector was part of yesterday’s Speech from the Throne, in which […]

    G&M reports Ottawa plans to relax foreign ownership rules in the uranium sector.

    Meantime, Cameco reiterated its hope that opening Canada’s doors to foreign investors

    will in turn give it access to mine ownership in other countries.

    The push to increase foreign ownership in Canada’s uranium sector was part of yesterday’s Speech from the Throne, in which the government said it will “ensure that unnecessary regulation does not inhibit the growth of Canada’s uranium mining industry by unduly restricting foreign investment

    .”

    For complete news, click here.

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