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PM to block further Chinese ownership in oil sands

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TORONTO (AP) — Canada's prime minister said Monday it's "extremely unlikely" his government will allow any more foreign takeovers in the oil sands sector by state-owned companies. Prime Minister Stephen Harper's Conservative government approved China's biggest overseas energy acquisition on Friday, a $15.1 billion takeover by Chinese-state owned CNOOC of Canadian oil and gas provider Nexen....

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