Foreign Interest
At its recent peak in 1973, more than 78 per cent of Canadian oil and gas production was under foreign ownership and more than 90 per cent of oil and gas production companies were under foreign control, mostly American. It spurred the National Energy Program under the Trudeau government.
Read more about this topic: History Of The Petroleum Industry In Canada
Famous quotes containing the words foreign and/or interest:
“She planted corn and left the rest
to elements, convinced that God
with giant faucets regulates the rain
and saves the crops from frost or foreign wind.”
—Richard Hugo (1923–1982)
“You will think me very pedantic, gentlemen, but holiday though it may be, I have not the smallest interest in any holiday, except as it celebrates real and not pretended joys.”
—Ralph Waldo Emerson (1803–1882)