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Foreign Investment Review Agency
The Foreign Investment Review Agency (FIRA) was established by the Canadian Parliament in 1973 to ensure that the foreign acquisition and establishment of businesses in Canada was beneficial to the country. The Foreign Investment Review Act that created the agency was the culmination of a series of government reports and debates. The 1957 report of the Royal Commission on Canada's Economic Prospects (known as the Gordon Commission) firmly planted foreign investment on the political agenda. Next, the 1968 Watkins report (known formally as ''Foreign Ownership and the Structure of Canadian Industry''), called for a national policy capable of handling Canada's interests in the age of the multinational corporation. In 1970, the Wahn Report expanded the idea of a screening process, and finally the Gray report (known officially as ''Foreign Direct Investment in Canada'') provided the rationale and framework for the agency. FIRA was placed under the jurisdiction of the Department of Indus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Commission On Canada's Economic Prospects
The Royal Commission on Canada's Economic Prospects was initiated by the Louis St. Laurent government in order to develop recommendations regarding the Canadian economy. Chaired by Walter L. Gordon, its 1956 and 1957 reports were representative of a period of growing concern for Canadian nationalism and questioned the government's policy of allowing control of Canada's natural resources and other business enterprises to be sold to foreign interests. When Gordon became Minister of Finance a decade later, he commissioned Mel Watkins to conduct a further investigation into foreign ownership of the Canadian economy, resulting in the "Watkins Report". The Canada Development Corporation was created in 1971 as a result of both the Royal Commission's and the Watkins Report's recommendations. See also * Economic nationalism * List of Canadian royal commissions This is a list of Canadian royal commissions or commissions of inquiry since Confederation. In Canada, royal commissions an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mel Watkins
Melville Henry Watkins (May 15, 1932 – April 2, 2020) was a Canadian political economist and activist and professor emeritus of economics and political science at the University of Toronto. He was a founder and co-leader with James Laxer of the Waffle, a left-wing political formation within the New Democratic Party that advocated an "independent socialist Canada" and Canadian nationalism. He was appointed a Member of the Order of Canada in 2019. Life and career Watkins was born on May 15, 1932, on a farm near McKellar, Ontario; one of six children born to Wilmot and Sadie Watkins. At the age of 16, he and his twin brother, Murray, enrolled at the University of Toronto where among his lecturers was Harold Innis, whose staples thesis became a lifelong influence on his thinking. He pursued graduate work as a classical economist at the Massachusetts Institute of Technology. He became a professor of economics at the University of Toronto in 1958 and, in 1963, published an a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ian Wahn
Ian Grant Wahn (April 18, 1916 – October 14, 1999) was a Canadian politician and lawyer. He was elected to the House of Commons of Canada as a Member of the Liberal Party in the riding of St. Paul's in the 1962 election. He was re-elected in 1963, 1965, 1968 and defeated in 1972. Prior to his federal political career, he was a captain in the Canadian Army The Canadian Army (french: Armée canadienne) is the command responsible for the operational readiness of the conventional ground forces of the Canadian Armed Forces. It maintains regular forces units at bases across Canada, and is also res ... (Supplementary Reserve). External links * Ian Whan fonds- Library and Archives Canada 1916 births 1999 deaths Liberal Party of Canada MPs Members of the House of Commons of Canada from Ontario People from Rural Municipality Excelsior No. 166, Saskatchewan Place of death missing {{Liberal-Ontario-MP-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Mulroney
Martin Brian Mulroney ( ; born March 20, 1939) is a Canadian lawyer, businessman, and politician who served as the 18th prime minister of Canada from 1984 to 1993. Born in the eastern Quebec city of Baie-Comeau, Mulroney studied political science and law. He then moved to Montreal and gained prominence as a labour lawyer. After placing third in the 1976 Progressive Conservative leadership election, he was appointed president of the Iron Ore Company of Canada in 1977. He held that post until 1983, when he successfully became leader of the Progressive Conservatives. He then led the party to a landslide victory in the 1984 federal election, winning the second-largest percentage of seats in Canadian history (at 74.8 percent) and receiving over 50 percent of the popular vote. Mulroney later won a second majority government in 1988. Mulroney's tenure as prime minister was marked by the introduction of major economic reforms, such as the Canada–United States Free Trade Agreem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Canada
Invest in Canada is an arms-length Government of Canada organization that promotes and attracts foreign direct investment into Canada. It was created through the ''Investment Canada Act'' and launched on March 12, 2018 as a departmental corporation. History Before the Invest in Canada agency was created, a division within the federal department Global Affairs Canada led the promotion of investment into Canada. In 1985, the Government implemented the ''Investment Canada Act'' to govern foreign direct investment. The Harper government used to limit foreign investment to no more than 50% share, through a policy designed by Nigel S. Wright during his time at the PMO. Foreign direct investment (FDI) by country and by industry are tracked by Statistics Canada; the total in 2012 of FDI was bn. New FDI inflow to Canada in 2011 was bn. Canada was host to bn in state-owned enterprise investment over the period between 2005 and 2012. Over the same period, the net FDI increased by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Departments And Agencies Of Canada
Federal or foederal (archaic) may refer to: Politics General *Federal monarchy, a federation of monarchies *Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or regional governments that are partially self-governing; a union of states *Federal republic, a federation which is a republic *Federalism, a political philosophy *Federalist, a political belief or member of a political grouping *Federalization, implementation of federalism Particular governments *Federal government of the United States **United States federal law **United States federal courts *Government of Argentina *Government of Australia *Government of Pakistan *Federal government of Brazil *Government of Canada *Government of India *Federal government of Mexico * Federal government of Nigeria *Government of Russia *Government of South Africa *Government of Philippines Other *''The Federalist Papers'', critical early arguments in fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Promotion Agencies
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Relations Of Canada
The foreign relations of Canada are Canada's relations with other governments and nations. Canada is recognized as a middle power for its role in international affairs with a tendency to pursue multilateral solutions. Canada's foreign policy based on international peacekeeping and security is carried out through coalitions and international organizations, and through the work of numerous federal institutions. Canada's peacekeeping role during the 20th century has played a major role in its global image. The strategy of the Canadian government's foreign aid policy reflects an emphasis to meet the Millennium Development Goals, while also providing assistance in response to foreign humanitarian crises. Canada's strong attachment to the British Empire led to major participation in British military efforts in the Second Boer War (1899–1902), World War I (1914–1918) and World War II (1939–1945). Since then, Canada has been an advocate for multilateralism, making efforts to re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pierre Trudeau
Joseph Philippe Pierre Yves Elliott Trudeau ( , ; October 18, 1919 – September 28, 2000), also referred to by his initials PET, was a Canadian lawyer and politician who served as the 15th prime minister of Canada The prime minister of Canada (french: premier ministre du Canada, link=no) is the head of government of Canada. Under the Westminster system, the prime minister governs with the Confidence and supply, confidence of a majority the elected Hou ... from 1968 to 1979 and from 1980 to 1984. He also briefly served as the Leader of the Opposition (Canada), leader of the Opposition from 1979 to 1980. He served as leader of the Liberal Party of Canada from 1968 to 1984. Trudeau was born and raised in Montreal, Quebec; he rose to prominence as a lawyer, intellectual, and activist in Quebec politics. Although he aligned himself with the social democratic New Democratic Party, he felt that they could not achieve power, and instead joined the Liberal Party. He was e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade Of Canada
Foreign may refer to: Government * Foreign policy, how a country interacts with other countries * Ministry of Foreign Affairs, in many countries ** Foreign Office, a department of the UK government ** Foreign office and foreign minister * United States state law, a legal matter in another state Science and technology * Foreign accent syndrome, a side effect of severe brain injury * Foreign key, a constraint in a relational database Arts and entertainment * Foreign film or world cinema, films and film industries of non-English-speaking countries * Foreign music or world music * Foreign literature or world literature * ''Foreign Policy'', a magazine Music * "Foreign", a song by Jessica Mauboy from her 2010 album ''Get 'Em Girls'' * "Foreign" (Trey Songz song), 2014 * "Foreign", a song by Lil Pump from the album ''Lil Pump'' Other uses * Foreign corporation, a corporation that can do business outside its jurisdiction * Foreign language, a language not spoken by the people of a ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Established In 1973
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed govern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
