Foreign-owned Companies among Canada's Current Largest Companies

• General Motors Canada, owned by General Motors (US)
  
• Wal-Mart (US)
  
• Toyota Canada, owned by Toyota Japan
  
• Ford Motor Company of Canada, owned by American Ford (US)
  
• Imperial Oil, controlled by ExxonMobil (US), which owns 69.8% of its stock
  
• DaimlerChrysler Canada, owned by German-American DaimlerChrysler
  
• Shell Canada, which is 22% public owned, with the remainder indirectly owned by Royal Dutch Shell
  
• British Petroleum Canada, owned by British Petroleum
  
• Mitsui and Company, Japan
  
• Honda Canada Inc., own ed by Valero (US)
  
• Costco, whose Canadian operations are the 7th largest private company in Canada as of 2006, based in Seattle (US)
  
• Husky Energy, a majority stake in Husky Energy, owned by Hong Kong billionaire Li Ka Shing and his holding company, Hutchison Whampo
  
• Labatt Brewing Company, purchased by Belgian brewer Interbrew in 1995
  
• Hudsons Bay Company, Canada's largest retailer, and North America's oldest corporation (est. 1670), sold Jerry Zucker (US) in 2006
  
• ING Bank of Canada, the largest foreign bank in Canada formed by the purchase of several small Canadian companies, controlled by the Dutch ING Group
  
• Sears Canada, one the largest retailers (created by buying old Simpson's stores), controlled by the US Sears Holdings Corporation
  
• IBM Canada, owned by IBM (US)
  
• Safeway Canada supermarkets, owned by Safeway Inc. (US)
  
• Cargill Ltd., owned by Cargill of Minnesota (US)
  
• McDonald's Canada, owned by McDonald's (US)
  
• Nissan Canada, owned by Nissan Motors of Japan
  
• Parmalat Canada, owned by Parmalat of Italy
  

Former major Canadian Companies acquired by foreign owners

• MacMillan Bloedel, BC forestry giant, acquired by American Weyerhaeuser for $2.45 billion in 1999
  
• Eaton's, at one time Canada's largest retailer, with a history from 1869, purchased by US Sears in 1999, and closed in 2000
  
• Seagram distillery and entertainment conglomerate, sold to French owned Vivendi Universal and Pernod Ricard in 2000
  
• Molson Breweries, one of the oldest companies in Canada, merged with US owned Coors, in 2005
  
• Terasen Inc MacMillan, previously BC Gas (a public utility company), sold to American-owned energy giant Kinder Morgan for $6.9 billion (The deal was approved by the BC Utilities Commission despite 8000 letters of protest in 2005.)
  
• Canadian Pacific hotels, the owner of many of Canada's most historic hotel properties such as the Banff Springs Hotel and operating under the name Fairmont Hotels and Resorts since 1999, sold to Colony Capital, LLC of California and Kingdom Holding Company of Saudi Arabia for $3.9 billion in January of 2006
  
• Dofasco, Canada's largest steel maker, acquired by Luxembourg-based Arcelor, January 2006
  
• Noranda & Falconbridge Mines, purchased by Swiss mining company Xstrata in 2006