Reuters: Regulatory News: Canada's Harper - state-owned firms "different kind of player"

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Canada's Harper - state-owned firms "different kind of player" Nov 19th 2012, 19:59 TORONTO | Mon Nov 19, 2012 2:59pm EST TORONTO Nov 19 (Reuters) - Canadian Prime Minister Stephen Harper said on Monday that state-owned enterprises are different from publicly traded companies when it comes to foreign investment in the country's energy sector. "We created guidelines specifically for state-owned enterprises because, yes, state-owned enterprises represent a different kind of player and obviously those are some of the issues that are before us today and beyond that ... I'm not planning to make any announcements," Harper told a business forum in Ottawa. Shares of Canadian takeover targets Nexen Inc and Progress Energy Resources both edged lower following the remarks.

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