John Chambers: Canada

Chambers Dept: But, hey, if John Chambers wants to put some of that $46-billion U.S. to work here, it okay with us, according to Globe and Mail. The chief of the tech giant did not say where or how the cash could be used, only that Canada and Europe would be likely targets and that the move could be soon, according to the business publication and of course, there more at play here, primarily his failed attempts to change the U.S. government mind on how it taxes companies and the amount of money they hold outside the country. Mr. Chambers said in an interview with The Financial Times that he was studying the possibility of investing part of Cisco cash in Canada and Europe, having given up on pressing the U.S. government on double-taxing repatriated cash. (www.immigrantscanada.com). As reported in the news.