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AN ECONOMIC EVALUATION OF FOREIGN FINANCING OF INVESTMENTS IN CANADA

Glenn Jenkins () and John Evans

No 1977-01, Development Discussion Papers from JDI Executive Programs

Abstract: Large-scale, capital intensive projects in Canada frequently rely on foreign financing and as a result the foreign-owned segment of many sectors has grown considerably. New projects either reallocate the existing foreign investment into the country or cause a net augmentation to the capital stock of a country. In this paper we endeavour to determine a methodology for estimating the nature and magnitude of any net economic benefits which result from the foreign financing of new investments; such benefits should be included in the overall economic evaluation of a project.

Keywords: foreign financing; economic evaluation; Canada (search for similar items in EconPapers)
JEL-codes: H43 (search for similar items in EconPapers)
Pages: 39 pages
Date: 1977-04
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