U.S.–controlled enterprises still largest asset holders
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In 2010, U.S.-controlled enterprises continued to hold the largest shares of foreign-controlled assets, revenues and profits in the Canadian economy. However, their share of assets shrank from 53.5% in 2008 to 52.5%, reflecting continuing challenges in the manufacturing, oil and gas, and financial sectors. Their revenue and profit shares were 58.1% and 58.4%, respectively.
American-controlled enterprises held 56.7% of foreign-controlled assets in the non-financial sector and 44.6% in the financial sector.
Enterprises from more than 85 countries control some of Canada's corporate assets. About 84% of that control can be linked to enterprises from six countries (in descending order): the United States, the United Kingdom, the Netherlands, Japan, Germany and France.
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