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To: Maurice Winn who wrote (79215)	9/7/2011 4:21:43 PM
From: elmatador	1 Recommendation Respond to of 217830

When a country has an excess of capital it must invest where there is a dearth of it. Take the British empire. They did not hog. They invested in all Anglo countries. After doing the anglos it went to Brazil: Brazil´s railways, power plants and plantations were financed by the English when they ran out of places to invest.

To: Maurice Winn who wrote (79215)	9/7/2011 4:25:46 PM
From: elmatador	1 Recommendation Respond to of 217830

Canada overflown with capital did not hog. See history of Brascan corp. fundinguniverse.com From South to North: 1899-1979 Brascan Corporation can be traced back to the dawn of the 20th century and South America, where Canadians played a role in the early development of hydroelectric power generation, street car lines, and gas and telephone systems. The power business came first, beginning in 1899. The Brazilian Traction, Light and Power Company Limited, formed in 1912, amalgamated infrastructure operations in Sao Paulo and Rio de Janeiro. Key Dates: 1899: Power business is established in Sao Paulo, Brazil. 1912: Brazilian Traction, Light and Power Company is incorporated in Toronto. 1923: Canadian Arena Company (Carena) is incorporated. 1954: Edper Investments Limited is incorporated in Montreal. 1969: Brazilian telephone operations are sold and the name is changed to Brascan. 1973: Brascan acquires Great Lakes Power. 1976: Edper Investments becomes the major shareholder of Trizec. 1979: Edper acquires a controlling interest in Brascan. 1989: Edper Investments Ltd. is renamed Edper Enterprises and makes its public offering. 1997: The Edper Group and Brascan Limited combine to form EdperBrascan Corporation. 2000: The company is renamed Brascan Corporation.