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:
“Meanwhile I, deserted, was lamenting a little to myself your long delays in foreign loves, until sleep with its pleasing wings compelled me, fallen.”
—Propertius Sextus (c. 50–16 B.C.)
“Whoever lives for the sake of combating an enemy has an interest in the enemy’s staying alive.”
—Friedrich Nietzsche (1844–1900)