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

John Baldwin

Insights on the Canadian Economy from Statistics Canada, Economic Analysis Division

Abstract: 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.

Keywords: Business performance and ownership; Business adaptation and adjustment; Business ownership (search for similar items in EconPapers)
Date: 2006-03-23
New Economics Papers: this item is included in nep-acc, nep-bec and nep-reg
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp2e:2006013e

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