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Changes in Foreign Control Under Different Regulatory Climates: Multinationals in Canada

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This paper examines the incidence of foreign control in Canadian non-financial industries. It focuses on changes in the share of assets and revenues under foreign control over a long-run period during which Canada's regulatory climate shifted from being more restrictive to more liberal in its treatment of inward foreign direct investment. These regulatory changes coincided with a retrenchment and then a resurgence in the activities of foreign multinationals in Canadian industry. We report aggregate results for non-financial industries, along with specific tabulations for the energy sector. More detailed industry tabulations are presented for the 2000-2003 period.

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Product:Insights on the Canadian Economy
Catalogue no.:11-624-MIE2006013
Frequency:Occasional
Status:Ongoing/Available
 
Latest issue:no. 13 Free
Release date:March 23, 2006
Authors: Baldwin, John R.
Gellatly, Guy
Sabourin, David
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Subjects

Keywords

analytical products, competitiveness, foreign controlled investments, foreign ownership, international markets, multinational enterprises, regulations, tariffs, type of business.

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