Exam 1: Investigating Ownership Concentration, Transnational Connections, and State Involvement in the Canadian Economy

While families like the Thomsons, Rogers, and Irvings rank among the wealthiest in Canada, they exhibit little decision-making power on the Canadian economic scene.

Economic globalization is the sole cause of decreasing state involvement in the Canadian economy.

What do the automotive sector and the retail sector tell us about the Canadian economy?

In Canada, the financial sector is known to be a sector where ownership concentration is most prevalent. Over the past decade, mergers and acquisitions have led to only a handful of companies predominating the Canadian financial sector. Discuss a possible implication that this centralization may have on Canadians. Do you see this as a potential problem? Discuss why or why not.

Why is it problematic to have a concentration of ownership in any sector?

Transnational connections include only those cases where foreign enterprises own and control part of Canada's economy.

Rogers, Bell and Telus accounted for what percentage of the wireless media market in 2013?

Foreign control is most prominent in the Canadian media sector.

Families including the Thomsons and the Irvings speak to the confluence of what?

There is a high concentration of economic power in a small group of giant private-sector corporations operating at the top of the ownership structure in Canada.

The media sector has witnessed higher and increasing ownership concentration.

Is the Canadian economy controlled by foreign interests? Use evidence from the text to support your answer.