CANADA: Sense of Disquiet

Is Canada in danger of domination by U.S. capital?

Many Canadians seem to think so—among them Prime Minister John Diefenbaker. "There is an intangible sense of disquiet in Canada over the political implications of large-scale and continuing external ownership and control of Canadian industries," he says.

Against the day when "disquiet" might be translated into action, some companies are systematically trying to loosen their U.S. corporate ties and to "Canadianize" their management. One conspicuous example is U.S.-owned Union Carbide Canada Ltd., Canada's second biggest chemical manufacturer. Ever since it was formed four...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!