Open for Business: The Routes of Foreign Ownership in Canada - Softcover

Inhaltsangabe

Since the days of John Diefenbaker controversy has swirled around the issue of foreign ownership of the Canadian economy; the most recent subjects of debate have been the National Energy Program, FIRA, and the Canada-US free trade deal. This book delves into these debates and examines the causes of Canada's uniquely high level of foreign ownership. Using a wide ranging comparative approach, Laxer subjects the standard explanations of Canada's economic dependence to careful and critical scrutiny. He challenges the theories of accepted orthodoxies from Conservative to Marxist, and argues that the assumptions about external control, the role of the Canadian elite and the effects of geography do not adequately explain Canada's failure to develop independently. This timely book develops a new way of thinking about Canada. Laxer shows that the country was well along the path of industrialization before American branch plants and management took control of the critical mass of its resources and manufacturing industries.

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