The Canadian Manufacturers' Association recently made an invcstigation of the extent and ownersbip of Canadian industry. During the investigation it was ascertained that of every £100 invested in Canadian manufacturing industry, £70 represents Canadian capital, £20 Ameriean capital and £10 British and other capital. In the last fifteen years Canadian interests have acquired control or ownership of at ieast fifty manufacturing companies in Oanada, fornierly Ameriean owned. Furthermore, in proportion to Canada's vvcaltk and population, her direct investment in the United Statea in fa«tories, mines and public utilities is larger tlian Ameriean in'vesement in Canada. Excluding banks, brokers, insuranee eompanies and investmcnt trusts. over 76 Canadian eompanies maintain 138 branehes and siibsidiaries in the United SUtdk
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https://paperspast.natlib.govt.nz/newspapers/HBHETR19370811.2.14.2
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Hawke's Bay Herald-Tribune, Issue 175, 11 August 1937, Page 3
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116Page 3 Advertisements Column 2 Hawke's Bay Herald-Tribune, Issue 175, 11 August 1937, Page 3
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