TORONTO, Feb. 9, 2012 /PRNewswire via COMTEX/ -- Canaccord Financial Inc. (Canaccord) and the Import Export Bank of China (Eximbank) are pleased to announce their intent to establish a US$1 billion fund focused specifically on investing in the Canadian resource sector. A memorandum of understanding to create the "Canada-China Natural Resource Fund" (CCRF) was signed this morning by Paul Reynolds, President and CEO of Canaccord Financial Inc., and Zhu Xinqiang, Vice President of Eximbank, in the presence of the Canadian Prime Minister, the Right Honourable Stephen Harper, and Vice Premier Li Keqiang of China.
World upside down? Canada and the US are selling natural resources to China and other developing countries and buying manufactured goods from these same places like I-Pads.
Thomas Sowell: There are no solutions, just trade-offs.
