You Are a Member of Parliament (MP)in Canada

question 57

Essay

You are a Member of Parliament (MP)in Canada.There is currently a debate concerning a growing number of U.S.and other firms entering the Canadian market.Some MPs have stated that "enough is enough" and that they are tired of having "foreign companies steal Canadian jobs." You have to make a speech on this issue.
A traditional criticism among Canadian nationalists of inward FDI is that we will become a branch plant economy.Branch plants are a foreign subsidiary of a multinational parent corporation.Branch plants,usually of United States corporations,are common in Canada.Canadian nationalists claim that they have helped to obstruct the growth of a Canadian economy that is independent of other countries interests and self-directed.However,some Canadian economists argue that they have been an important factor in stimulating our economy and supporting our standard of living.What is your position? Explain.