Foreign Ownership of Canadian Industry

'When I first entered the field of international business, preparing my PhD thesis on foreign direct investment in Ireland, Ed Safarian's works on Canada were an exemplar. Ed Safarian's influence on the field has not waned as his continuing work on the impact of foreign ownership shows.' -- Peter J. Buckley, Centre for International Business, University of Leeds, and Cheung Kong Scholar Chair Professor in the University of International Business and Economics Beijing 'Foreign Ownership in Canadian Industry covers a broad range of issues concerning multinational enterprises (MNEs) in a host country, including parent-subsidiary relationships, intrafirm trade, creation and transfer of knowledge within the MNE, and the impact of nationality on firm performance. Originally published in 1966, the book is the seminal work in the field on the economic impacts of foreign direct investment (FDI) on Canada. Clear, logical and well-reasoned, it is required reading for scholars and policy makers who want to understand the benefits and costs of FDI, not only for Canada but for all host countries.' -- Lorraine Eden, Department of Management, Texas A&M University

This third edition of Foreign Ownership of Canadian Industry features a new preface contextualizing Safarian's influential work against contemporary economic issues and policies.

Foreign ownership is an ongoing national policy issue for Canadians, and a matter of utmost concern in the public mind. Recently, the issue has been hotly debated in sectors as diverse as telecommunications, mining, technology, retail, steel, and aerospace.

Foreign Ownership of Canadian Industry, A.E. Safarian's classic investigation into the behaviour of branch-plant firms in Canada, has proven an enduring and important analysis of this national policy problem and is now back in print. This third edition of Foreign Ownership of Canadian Industry features a new preface contextualizing Safarian's influential work against contemporary economic issues and policies. As the question of foreign takeovers becomes increasingly critical not only in Canada but in other countries as well, Safarian emphasizes the continuity of concerns over who owns a country's industries.