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:
“I am ... willing to make it clear that American foreign policy must uphold the sanctity of international treaties. That is the cornerstone on which all relations between nations must rest.”
—Franklin D. Roosevelt (1882–1945)
“... there is nothing more irritating to a feminist than the average “Woman’s Page” of a newspaper, with its out-dated assumption that all women have a common trade interest in the household arts, and a common leisure interest in clothes and the doings of “high society.” Women’s interests to-day are as wide as the world.”
—Crystal Eastman (1881–1928)