First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.

Challenging theories of ownership that range from conservative to Marxist, this book investigates the controversy of foreign ownership of the Canadian economy. Laxer looks at such recent topics in this debate as the National Energy Program, FIRA, and the Canada-US free trade deal and argues that the assumptions about external control, the role of the Canadian elite, and the effects of geography are not adequate to explain Canada's failure to development more independently.

Report on the economic implications of the high volume of foreign owned industry and private investment foreign investment in Canada - covers multinational enterprises, the availability of information thereon, the role of USA in investing in canada, the protection of national level interest through apporpriate government policy, increased Canadian participation in the decision making of multi-national enterprises and measures to improve efficiency, etc.