North America
John Dunning and
John Cantwell
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John Dunning: Institute for Research and Information on Multinationals
A chapter in IRM Directory of Statistics of International Investment and Production, 1987, pp 233-265 from Palgrave Macmillan
Abstract:
Abstract Canada is better known as a host country to, rather than as a source of, foreign investment. Foreign direct investment accounted for more than 50% of long-term capital inflows between the mid-fifties and mid-seventies but has since assumed a significantly lower share, and stood at 44% of these inflows at the end of 1981. At the end of 1981, companies whose equity was controlled abroad accounted for 50% of the capital in Canadian manufacturing, 44% in petroleum and natural gas, 46% in other mining and smelting and 26% of all industries outside of agriculture and finance. The United States continues to account for by far the largest portion of foreign ownership in Canada with a share of just under 80%.
Keywords: Foreign Direct Investment; Direct Investment; Parent Company; Foreign Ownership; Foreign Subsidiary (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08350-3_3
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DOI: 10.1007/978-1-349-08350-3_3
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