Foreign investment in Canada 1920’s

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Americans began investing in the natural resources of Canada such as pulp, paper, mining and hydro-electric power.
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British investors began to invest into railroads and Canadian bonds. This was due to concern and uncertainty leading Americans to become the #1 foreign investors.
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This led Canadians to see the rise of American investment as manifest destiny. Some of the people became afraid that Americans would take over Canada’s economy
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