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 my name and memory I leave it to men’s charitable speeches, and to foreign nations, and the next ages.”
—Francis Bacon (1561–1626)
“The moral sense is always supported by the permanent interest of the parties. Else, I know not how, in our world, any good would ever get done.”
—Ralph Waldo Emerson (1803–1882)