CRI 550 Lecture Notes - Lecture 10: Brian Mulroney, Petro-Canada, Small Press

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Negative consequences in growth in particular region where economy is made up of branch plants in an organization. Regions that host these plants are controlled by corporations. Limited the amount of takeovers by multinational corporations. Brian mulroney ended this, dismantled formal investment review agency, privitize petro. Free trade zones, first large scale free trade agreements. To import and sell the product of its parent. Tide agent, sole agent of foreign company in competition with other agents. Favoured long term position through common ownership (rather than contract) To respond to business opportunities with derivative products. Independently developed products of little or no interest to its parent. Made better sense for foreign firms to establish branch plants. Branch plants tended to have deeper pockets than canadian counterparts. Found little opportunity in that branch plant. Could buy a very nice printing press. One hand, publishers producing books that were the only discussions of political discussions available.

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