The Importance of Foreign Capital in Canadian Economic Development: The Decline of Britain and Rise of America.
This paper will discuss the US's replacement of Great Britain as Canada's closest economic and political ally. The starting point for this is the repealing of the Corn Laws in the middle of the 19th century and the Reciprocity Treaty of 1854. This marked the beginning of the American era which waxed and waned through Canadian history from that point forward. This marks an important case for study because it underlines the great need Canada has had for foreign capital throughout its development. With a small population, enormous resource base, and strong desire to maintain high standards of living, extensive foreign investment has been absolutely critical. 16 pgs. 31 f/c. 6b.
Pages: 16
Bibliography: 6 source(s) listed
Filename: 2966 Foreign Capital Canada.doc
Price: 143.20
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