In Parliament, on editorial pages and in private discussions, a great debate is in progress about the heavy flow of U.S. investments into Canada. Most Canadians welcome the foreign capital, regarding it as an essential loan for national development which the rich young country will eventually pay off. But some fear that foreign investors are gradually gaining too much control over the Canadian economy. Last week the government's Bureau of Statistics shed some light on the issue by publishing a 93-page blue book reviewing Canadian economic trends in the quarter century from 1926 to 1954.
Fears of foreign economic domination...
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