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Saudi Investment Freeze Doesn't Amount to Much in Canada

  • The kingdom has hotels, grain, stocks in the northern nation
  • Canadian markets little changed as Saudi ramps up attacks
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Saudis Threatens More Action Against Canada Over Diplomatic Dispute
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The decision by Saudi Arabia to halt new investments and unload assets in Canada is likely to have limited impact, even as the kingdom’s foreign minister threatens further action.

Saudi assets in Canada are confined mainly to stakes in upscale hotel operators, some small stock holdings in companies like Canadian National Railway Co., and grain facilities.