Foreign Investment Review Agency, set up by Trudeau to screen the nature and wisdom of incoming foreign capital. Trudeau believed that investment in industrial production was a good idea, but that incoming capital aimed at buying up existing industries and diverting profits out of the country wasn’t. This agency, never very aggressive, was quickly defanged by Mulroney, and is now called Investment Canada. It consists of two overpaid clerks with wide grins on their faces and rubber stamps in their hands.

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