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IPS173 Alexandre Fortier-Labonté et al.
Chart 8
Number of countries where MOFAs operated, 2016

4. Discussion and Conclusion
In 2016, less than one percent of enterprises in Canada were MNEs.
Though they were a small share of total enterprises, MNEs had a significant
impact on the Canadian economy. These enterprises employed one of four
Canadians, and owned 67% of total assets in the financial and non-financial
sectors.
The majority of Canadian MNE affiliates are in the United States, where
58.3% of all parents and 49.9% of all subsidiaries are located.

References
1. Baldwin, John R. and Guy Gellatly (2007). Global Links: Multinationals in
Canada: An Overview of Research at Statistics Canada. Analytical Studies
Branch Research Paper Series. Catalogue no. 11622MIE2007014. Ottawa:
Statistics Canada.

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