EST. 1903 - Presenting global influential leaders from business, labour, education & government through events
Hampson, H. Anthony
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The speeches are free of charge but please note that the Empire Club of Canada retains copyright. Neither the speeches themselves nor any part of their content may be used for any purpose other than personal interest or research without the explicit permission of the Empire Club of Canada.
The Canada Development Corporation and some background as to its origins in the mid-1950s. Walter Gordon's Royal Commission on Canada's Economic Prospects. The issue of non-resident ownership and control of the Canadian economy. Changes in Canada's trade and balance of payments. The growth of exports vs. imports. Demand for Canada's natural resources. The Automotive pact. The legislative act governing the CDC and an analysis of it. Second mandate of the CDC: To operate in anticipation of profit. Size of the CDC. Six areas of concentration for the CDC: oil and gas; health care; the petrochemical-related industries; mining; pipeline and related northern transportation; venture capital. CDC launched by government but designed to be run by independent directors for the benefit of shareholders. 90% of shareholders to be Canadian private citizens.