§ Angus RobertsonTo ask the Secretary of State for Trade and Industry if she will break down by region and by(a) industrial and (b) economic sector investment by UK companies in Canada in each year since 1997; and if she will make a statement. [133650]
§ Mr. Mike O'BrienData on investment by UK companies in Canada is available only by industry sector as shown in the following table. Data for 2002 will be published early next year.
671W
UK foreign direct investment in Canada by industry 1997–2001 £ million Stock level at year end 1997 1998 1999 2000 2001 Agriculture, forestry & fishing 1— 2— 1— 1— 1— Mining & quarrying(including oil/gas) 703 2— 900 2,493 1,495 Food products 786 808 900 1,210 2— Textile & wood, printing & publishing 157 126 168 137 164 Chemical, plastic & fuel products 619 487 773 576 891 Metal & mechanical products 120 132 299 396 640 Office, IT & communications equipment 2— 3 2 2— 2— Transport equipment 2— 77 308 387 70 Other manufacturing 570 253 243 81 369 Electricity, gas & water 2— 2— 2— 2— 2— Construction 187 103 106 2— 2— Retail/wholesale trade & repairs 492 205 180 969 374 Hotels & restaurants 2— -1 2— 2— 2— Transport & communications 81 85 186 183 74 Financial services 1,467 988 1,108 12,263 2,012 Real estate & business services 511 990 379 275 420 Other services 33 4 45 2— 2— Total UK FBI in Canada 5,748 4,952 5,627 10,142 11,843 1—nil or less than half of one million 2—disclosive data Source:
National Statistics, Overseas Direct Investment