Canada’s over-dependence on foreign investment is a problem

Ownership does matter. If so many of our corporate head offices are in other countries, then that's where Canada’s economic future will be decided. We'll be a branch-plant economy, creating future wealth for foreign corporations.

Prime Minister Justin Trudeau in a Hill scrum on April 25, 2023. The federal government is pursuing a role for Canada in electric vehicles, batteries and critical minerals, and is spending billions of dollars on foreign corporations in pursuit of investment.The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

May 1, 2023

TORONTO—Where will the future shape of our economy be decided: in the boardrooms of Canadian-owned and controlled businesses, or in the head offsides of corporations in other countries? The Trudeau government seems to believe that our best hope lies in the head offices of...

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