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:
“Where the heart is, there the muses, there the gods sojourn, and not in any geography of fame. Massachusetts, Connecticut River, and Boston Bay, you think paltry places, and the ear loves names of foreign and classic topography. But here we are; and, if we tarry a little, we may come to learn that here is best. See to it, only, that thyself is here;—and art and nature, hope and fate, friends, angels, and the Supreme Being, shall not absent from the chamber where thou sittest.”
—Ralph Waldo Emerson (1803–1882)
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