Word: canadianization
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Dates: during 1960-1969
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Canada pointed a disapproving finger at the U.S. - not merely because of competition or the inevitable abrasive rub between adjoining economies. The complaint is that the U.S. controls Canada's economic destiny and holds it back. Long uneasy over the extent of U.S. ownership of Canadian industry and the southward flow of the rewards (60% of all Canadian corporate dividends are paid to foreign investors), Canadians now argue that the U.S. saps Canada's strength, preventing the necessary industrialization for its rising population. At the head of the chorus stands Canada's Prime Minister John Diefenbaker, crying...
...Canada's growing spirit of economic nationalism, the Diefenbaker government's solution is to clip the U.S. eagle's tail feathers and declare economic independence. To the embarrassment-and distress-of the U.S., Canadian businessmen scrambled after trade with the Communist regime in Cuba, stayed strictly neutral in the politics and the battle. And then there is the Canadian government's year-end emergency budget, which promised a boost for Canadian business at the expense of U.S. capital investors. To Canadian enterprises went $60 million worth of tax concessions designed to prime Canadian investment at home...
...Good a Cure? Some Canadians wonder whether the cure might not be worse than the disease. Alberta Premier Ernest Manning charges the federal government with "catering to a small element of bigoted nationalists" in a way that could only bring harm to the Canadian economy. Many businessmen, particularly oilmen, who need big chunks of investment capital, argue that Canadians do not have the funds to finance major projects themselves. Calgary's Oilweek trade bible cited as a typical case a nearly completed, $90 million financing by Canadian-owned Alberta Gas Trunk Line Co. Ltd. for a pipeline-gathering system...
...surest way to make an impression on fellow concertgoers is to bring a score and silently read along during the performance. In a recital at Manhattan's Town Hall last week, Canadian Violinist Hyman Bress threatened to render this excellent ploy obsolete. Behind him, as he played Schoenberg's Fantasy Opus 47, the twelve pages of the score were projected on a screen...
...diet recommendations are fairly simple: "Eat less fat meat, fewer eggs and dairy products. Spend more time on fish, chicken, calves' liver, Canadian bacon, Italian food, Chinese food, supplemented by fresh fruits, vegetables and casseroles." Adds Keys: "Nobody wants to live on mush. But reasonably low-fat diets can provide infinite variety and aesthetic satisfaction for the most fastidious-if not the most gluttonous-among us." On such fare, Gourmet Keys keeps his own weight at a moderate 155, his cholesterol count at a comfortable...