TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

The term [truncation] was used in the 1972 federal government report, Foreign Direct Investment in Canada. The report said: "Truncated subsidiary operations usually lack the capacity and opportunity over time to develop the full range of activities normally associated with a mature business enterprise." The term describes a branchplant economy, in which subsidiaries are unable to initiate new products or develop new markets, while the country as a whole becomes overly dependent on foreign technology, know-how, and decisions. Too many of the conditions necessary for businesses to pursue their own commercial objectives are absent; they are located in the foreign parent companies.  2, record 1, English, - truncated%20subsidiary

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 CONT

[...] les opérations d'une filiale démembrée ne fournissent habituellement pas, à longue échéance, la faculté ni la chance de mettre en œuvre toute la gamme des activités que l'on associe normalement avec une entreprise commerciale ou industrielle parvenue à son plein développement.  1, record 1, French, - filiale%20d%C3%A9membr%C3%A9e

Record 1,  Textual support,  Spanish