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Clement Says Canada Investment Rules to Come Before Christmas

Dec. 6 (Bloomberg) -- Canada will outline new foreign investment guidelines before Christmas, Industry Minister Tony Clement told reporters in Ottawa today.

Clement promised last month to give investors more clarity on foreign ownership restrictions after BHP Billiton Ltd. withdrew its hostile $40 billion offer for Potash Corp. of Saskatchewan Inc. following an initial rejection.

Link to Company News:{BHP AU <Equity> CN <GO>} Link to Company News:{POT CN <Equity> CN <GO>}

To contact the reporter on this story: Alexandre Deslongchamps in Ottawa at adeslongcham@bloomberg.net

To contact the editor responsible for this story: Paul Badertscher at pbadertscher@bloomberg.net

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