Abstract
The magnitude of Canadian foreign-owned industry is unique among the world's industrial nations. Foreign ownership has been a controversial issue in this country for more than a decade, but the debate has not stood out for its high level of analysis. In February 1967 the Canadian government appointed a Task Force to study the political and economic implications of foreign investment in Canada, which resulted in a report entitled Foreign Ownership and the structure of Canadian industry (or Watkins Report). The dominant aspect of the Report is that foreign direct investment can be viewed in the context of the multinational operations of corporations.
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