Originally published in 1994, Canadian-Based Multinationals is the fourth title in the Investment in Canada Research Series, reissued in 2019. The book examines the expansion of Canadian firms abroad and considers some of the major issues linked with Canadian direct investment abroad. The book addresses whether and to what extent outward direct investment imparts net benefits to the Canadian economy over and above those realized by the investing companies themselves; labour-market issues (shifts in employment between low and high productivity sectors); technology issues (adoption, skills, diffusion, transfer, R&D); and tax issues (objectives and constraints on taxation of FDI, and location effects).