POLS 1400 Lecture Notes - Lecture 11: List Of Black Mirror Episodes, Transcanada Pipeline, International Brotherhood Of Teamsters
11 Apr 2017
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Chapter 10: canada"s external environment: the united states and the world (page 227-237) Canada constitutes a zone within the american economy rather than a distinctive national economy, although in other ways canada is increasingly under a broader range of external economic influences. In the british period of canadian history, a great deal of investment in canada came from britain in the form of loans. When canada entered the american period, the source of foreign investment largely shifted to the. United states and the form of investment switched from loans to direct or equity investment - control through the ownership of shares. To a large extent the canadian economy has come to consist of branch plants of us parent corporations. The national policy of 1879 put a tariff on imported manufactured goods. American companies set up branch plants within canada to avoid paying the tariffs. Canadian banks preferred to lend to foreign companies that sought to exploit canadian natural resources.
