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:
“The force of a language does not consist of rejecting what is foreign but of swallowing it.”
—Johann Wolfgang Von Goethe (1749–1832)
“My interest in desperation lies only in that sometimes I find myself having become desperate. Very seldom do I start out that way. I can see of course that, in the abstract, thinking and all activity is rather desperate.”
—Willem De Kooning (b. 1904)