U.S. Ownership of Firms in Canada

From the Foreword: On a per capita basis, Canadians have made more direct investments in the United States than Americans have in Canada. Because of the vast disparity in the overall size of the two economies, however, total U.S. direct investment has reached such a high level in Canada that it is a topic of considerable controversy in the bilateral relationship. This two-part volume focuses upon the economic dimensions of this controversy. In the first part of this volume, many of the issues that have been raised about U.S. direct investment in Canada are analyzed in order to examine how, and with what consequences, such investment affects the degree to which the two economies have become linked. The second part contains a review and analysis of Canada's recent steps to control foreign-direct-investment inflows through the Foreign Investment Review Agency (FIRA).