48:) provided the rationale and framework for the agency. FIRA was placed under the jurisdiction of the Department of Industry and later, when it was merged with the Department of Trade and Commerce, under the newly named Department of Industry, Trade and Commerce. As outlined in section 2(2) of the act, takeovers were assessed based on their contribution to job creation, Canadian participation in management, competition with existing industries, new technology, and compatibility with federal and provincial economic policies.
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was established by the
Canadian Parliament in 1973 to ensure that the foreign acquisition and establishment of businesses in Canada was beneficial to the country. The Foreign Investment Review Act that created the agency was the culmination of a series of government reports and debates. The 1957
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Globerman, Steven. "Canada’s
Foreign Investment Review Agency and the Direct Investment Process in Canada."
25:(known as the Gordon Commission) firmly planted foreign investment on the political agenda. Next, the 1968
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Report expanded the idea of a screening process, and finally the Gray report (known officially as
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79:, edited by James M. Spence and William P. Rosenfeld, 1–11. Toronto: Butterworths, 1984.
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Bliss, Michael. "Founding FIRA: The
Historical Background." In
72:. Montreal and Kingston: McGill-Queen's University Press, 1999.
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Just Watch Me: The Life of Pierre
Elliott Trudeau 1968-2000
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Silent
Surrender: The Multinational Corporation in Canada
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Foreign
Ownership and the Structure of Canadian Industry
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Made in Canada: A Businessman’s
Adventures in Politics
121:. 2nd ed. Toronto: University of Toronto Press, 1973.
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Getting It Back: A Program for
Canadian Independence
70:Walter Gordon and the Rise of Canadian Nationalism
55:came to office in 1985, the agency was renamed
23:Royal Commission on Canada's Economic Prospects
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195:Federal departments and agencies of Canada
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89:Gillespie, Alastair W., with Irene Sage.
86:. Toronto: Alfred A. Knopf Canada, 2009.
220:Government agencies established in 1973
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119:Foreign Ownership of Canadian Industry
59:and its mandate drastically reduced.
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148:. You can help Knowledge (XXG) by
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110:Rotstein, Abraham, and Gary Lax.
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114:. Toronto: Clarke, Irwin, 1974.
98:Canadian Public Administration
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225:1973 establishments in Canada
210:Premiership of Pierre Trudeau
200:Investment promotion agencies
93:. : Robin Brass Studio, 2009.
205:Foreign relations of Canada
107:. Toronto: Macmillan, 1970.
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100:27, no. 3 (1984): 313–328.
29:report (known formally as
35:multinational corporation
230:Canada government stubs
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