Hmmmm Hmmmm:
Interesting what you say there. I wonder whether people on average, once they become shareholders, influence companies toward the long term good of the country and its people, or more often for the shorter term affluence of the corporation and therefore themselves.
The latter, since the majority of shares will be held by large investors, including people's pension plans. People will certainly want the pension plan to maximize income since they won't be directly involved with the holdings of the plan. Since so much of our economy is owned by foreign companies, that would go double, since most shareholders won't give a shit about Canada.
71% of the oil sands are owned by foreign companies. How is it that Saudi Arabia, which was a little backwater before American oil came in, is able to control it's own production while we gave our control away?