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Global Links: Long-term Trends in Foreign Investment and Foreign Control in Canada, 1960 to 2000

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  • Baldwin, John R.
  • Gellatly, Guy

Abstract

This paper outlines broad changes in foreign ownership in Canada over the last forty years. It makes use of several different but complementary data sources that are produced by Statistics Canada to analyze the importance of foreign ownership in Canada. Over the last four decades, foreign multinationals that are operating in Canada have experienced first, a retrenchment and then, a resurgence in their activities. This retrenchment occurred during the period when foreign investment was tightly regulated and could be found across most industries, but was particularly evident in the energy and mining sector. The resurgence that has occurred subsequent to the introduction of a more liberal regulatory regime was also relatively widespread, though there are several sectors like the science-based and energy industries where this has not occurred.

Suggested Citation

  • Baldwin, John R. & Gellatly, Guy, 2005. "Global Links: Long-term Trends in Foreign Investment and Foreign Control in Canada, 1960 to 2000," The Canadian Economy in Transition 2005008e, Statistics Canada, Economic Analysis Division.
  • Handle: RePEc:stc:stcp1e:2005008e
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    File URL: http://www5.statcan.gc.ca/olc-cel/olc.action?ObjId=11-622-M2005008&ObjType=46&lang=en&limit=0
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    References listed on IDEAS

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    1. Caves, Richard E, 1974. "Causes of Direct Investment: Foreign Firms' Shares in Canadian and United Kingdom Manufacturing Industries," The Review of Economics and Statistics, MIT Press, vol. 56(3), pages 279-293, August.
    2. Horst, Thomas, 1972. "Firm and Industry Determinants of the Decision to Invest Abroad: An Empirical Study," The Review of Economics and Statistics, MIT Press, vol. 54(3), pages 258-266, August.
    3. Steven Globerman & Daniel M Shapiro, 1999. "The Impact of Government Policies on Foreign Direct Investment: The Canadian Experience," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 30(3), pages 513-532, September.
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    Cited by:

    1. Nicolas Petrosky-Nadeau, "undated". "Endogenous Flows of Foreign Direct Investment and International Real Business Cycles," GSIA Working Papers 2011-E16, Carnegie Mellon University, Tepper School of Business.
    2. Baldwin, John R. & Gu, Wulong, 2005. "Global Links: Multinationals, Foreign Ownership and Productivity Growth in Canadian Manufacturing," The Canadian Economy in Transition 2005009e, Statistics Canada, Economic Analysis Division.
    3. Baldwin, John R. & Gellatly, Guy, 2007. "Global Links: Multinationals in Canada: An Overview of Research at Statistics Canada," The Canadian Economy in Transition 2007014e, Statistics Canada, Economic Analysis Division.

    More about this item

    Keywords

    Business adaptation and adjustment; Business ownership; Business performance and ownership;

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