Word: ottawa
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Dates: during 1970-1979
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Washington of course denies any such intent, although U.S. officials do concede that Canada was hit by a truck that was heading elsewhere-namely to Japan and Western Europe. For his part, Trudeau has turned aside suggestions from the opposition New Democratic Party that Ottawa slap a retaliatory export tax on natural gas, oil and minerals needed in the U.S., or restrict dividend payments to U.S. parent companies. He has settled on a milder response: a bill, passed by Parliament two weeks ago, setting up an $80 million kitty to aid hard-hit firms in maintaining their employment rolls...
When the surcharge is finally lifted, Canada stands to benefit from both a pickup in the U.S. economy and the revaluation of other currencies, especially the Japanese yen. Of far greater concern to Ottawa at the moment are two Nixon Administration bills that passed the House of Representatives last week: an investment tax credit of 7% for companies buying equipment made in the U.S. and a bill setting up a Domestic International Sales Corp. DISC, as it is called, would give U.S. companies generous tax benefits to produce items for export inside the U.S., thus eliminating any incentive to expand...
...Ottawa is also disturbed by Washington's increasingly hard line on the 1965 auto pact between the two countries, which was designed to integrate car manufacturing and let Canadians build as many autos as they buy. It has worked more to Canada's advantage than anyone expected, helping to turn Canada's longstanding trade deficits with the U.S. into a $1 billion surplus last year (though such items as interest payments and dividends to U.S. corporations tipped the overall balance the other way, to a deficit for Canada of $60 million). The pact contains so-called "transitional...
...tempting to ride to power on anti-Americanism-directed largely at U.S. corporations' $17 billion of direct investment in Canada. Perhaps some of that feeling will dissipate when the surcharge is removed, if it does not remain in effect too long. In addition, Nixon plans to visit Ottawa next spring; the trip could serve, as did his meeting with Emperor Hirohito in Anchorage, as a symbolic reaffirmation of U.S. good will. But such is the disrepair of the once easy relationship between Ottawa and Washington that it will take more than symbols to convince Canadians that...
...invitations in Ottawa are more prized than the ones that come with the embossed gold emblem of the People's Republic of China. For the legions of journalists, scholars, politicos and adventurers (mostly Americans) eager to get to China, the box office is the top two floors of Ottawa's modern twelve-story Juliana apartments, where the 20-man Chinese embassy staff lives and works. Most visa-seeking visitors are lucky if they can get past the intercom in the foyer, where they are told by a polite English-speaking voice to write directly to the Chinese foreign...