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The Canadian economy is heavily influenced by a magnitude of foreign direct investment. Thus the Government established the Foreign Investment Review Agency (FIRA) to screen incoming foreign investments. The report addresses the following issues concerning the agency and the possible necessity of establishing a similar one in the United States: (1) the criteria used by FIRA to evaluate the desirability of foreign investments; (2) FIRA policy goals and the types of investments which have contributed the most to Canada's national objectives; (3) the current administrative, policy, enforcement, political, and other problems of FIRA; (4) data gathering and use; (5) types of investigations FIRA makes, for what goals and with what results; and (6) whether the review process is needed in the United States.

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