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:
“So the gentle poet’s name
To foreign parts is blown by fame;
Seek him in his native town,
He is hidden and unknown.”
—Ralph Waldo Emerson (1803–1882)
“A mob cannot be a permanency: everybody’s interest requires that it should not exist, and only justice satisfies all.”
—Ralph Waldo Emerson (1803–1882)