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:
“For most visitors to Manhattan, both foreign and domestic, New York is the Shrine of the Good Time. I dont see how you stand it, they often say to the native New Yorker who has been sitting up past his bedtime for a week in an attempt to tire his guest out. Its all right for a week or so, but give me the little old home town when it comes to living. And, under his breath, the New Yorker endorses the transfer and wonders himself how he stands it.”
—Robert Benchley (18891945)
“We women are not made for governing and if we are good women, we must dislike these masculine occupations; but there are times which force one to take interest in them mal gré bon gré, and I do, of course, intensely.”
—Victoria (18191901)