章節 1289: Chapter 1289: Entering Canada
This matter is very complicated. If Xia Yu had not asked his intelligence officers to pay close attention to information from all fields in advance and to conduct information integration and analysis, there would be no way to accurately grasp the situation.
This conflict involves American and Canadian capital.
Canada, like Australia, is one of the two strongest member states of the British Commonwealth.
At this time, Canada's strength was not to be underestimated. In terms of gross national product, it ranked seventh in the world, at more than 340 billion U.S. dollars, accounting for 2.9% of the world's total.
The financial market was also extremely developed, with the number of listed companies ranking fourth in the world, just behind the United States, the United Kingdom, and the island countries.
However, Canada was not the backyard of the United States. After all, this was a country ruled by the United Kingdom for hundreds of years, and British influence was deeply rooted.
In the past, Canada could be said to be the Rothschild family's backyard, completely dominated by the Rothschild family's influence.
However, the Rothschild family suffered heavy losses during World War II, and American capital, led by the Morgan and Rockefeller consortia, took the opportunity to attack and successfully enter Canada.
By the 1960s, as American capital's influence in Canada gradually increased and Britain's international prestige weakened, Canada's national flag changed from the British flag to the maple leaf flag.
But Canada is still Canada, a member of the British Commonwealth, and British and Canadian capital have continued to resist US capital.
The Rothschild family is undoubtedly the most suitable presence to become the leader of the alliance, and with the unity of the Rothschild family, local Canadian capital has also continued to regain lost ground.
After another twenty years of development, the Rothschild family's influence in Canada has become increasingly alarming, and the prestige of the Canadian Progressive Conservative Party, which they support, has also grown. They are preparing to overthrow the rule of the pro-American Canadian Liberal Party.
The main forces behind the Liberal Party of Canada were the Rockefeller and Morgan families. Although the two families had always fought with each other, there were also frequent conflicts within the Liberal Party of Canada due to issues of interest.
However, the two families were always in agreement when it came to suppressing the Rothschild family.
After all, they were supported by the Rothschild family, and although their strength was now greater than that of the Rothschild family, they were aware of the Rothschild family's terror and had never let their guard down.
This time, having detected that the Rothschild family's power in Canada had reached a peak again, and that the economic pie in Canada itself was large enough, the Morgan and Rockefeller consortia decided to reap Canada, absorbing its nutrients to feed the United States while expanding the consortia's power and influence in Canada.
The general direction had been decided, but there was still the question of how to implement it.
There were consortia all over the United States, and among the ten largest, the two most arrogant were originally the Morgan and Chicago consortia.
Between 1935 and 1970, Morgan Stanley, one of the two pillars of the Morgan consortium, exuded an air of world domination. At the time, its only advertising slogan was 'If God wanted to raise capital, he would also go to Morgan Stanley.'
But there is a peak to everything, and the law of decline is unchanging.
The Morgan consortium was too arrogant, and despite its formidable strength, it was still besieged by most of the other consortia. Even with the support of the Citibank consortium, it was still greatly affected.
As a result, the style of the Morgan consortium changed.
On the contrary, the Chicago consortium remained extremely arrogant and became the first to speak out.
The financial sector continued to expand, competing with the Morgan consortium. In the oil sector, it relied on the ever-expanding financial tentacles to take a large stake in the Standard Oil of Indiana and Texaco, which belonged to the Rockefeller consortium.
The pace of expansion grew larger and larger, rapidly increasing the strength of the Chicago consortium while also exposing more and more of its vulnerabilities.
This attracted the attention of the Morgan and Rockefeller consortia.
Under siege from these two giants, the core families of the Chicago consortium, such as the McCormick, Wood, Armour and Klan families, woke up from their dreams and hastily fought back.
However, the two consortia had already infiltrated the Chicago consortium, and since there were so many families within the consortium, it was not as united as the two giants, so the four families could only focus on defence.
Nowadays, the Chicago Consortium can no longer completely implement the will of the four families and is passively moving forward.
This time, in order to attack Canada, the Chicago Consortium was pushed by the Morgan and Rockefeller consortia to the vanguard, attacking in its name and taking the greatest risk.
The consequences will be borne by the Chicago Consortium, and even if the matter is exposed and the Canadian public is full of grievances, they will vent their anger on the Chicago Consortium.
Apart from this reason, the Rockefeller and Morgan families also had other considerations. Compared to the other families, the Chicago family was a tiger with a confused brain.
It was not to be called sinister for the Chicago family to go charging at the Rothschilds with the Rockefeller and Morgan families picking up the brains behind their backs!
If a setup like this was confined to the top of the two major families, then it would be almost impossible for Xia Yu to obtain information.
But who said his gaze could not penetrate time and space?
With his deliberate arrangements, the intelligence officers kept a close eye on the major financial institutions of the Chicago Consortium and the financial markets of Canada, and were naturally able to gather a lot of information.
This time, Canada would become a major battleground.
In addition to the original protagonists, the Morgan, Rockefeller, Chicago and Rothschild families, there would also be local Canadian capital, other American consortia and international hot money.
The battlefield would encompass the entire Canadian financial market and political situation.
Chaos is definitely going to be chaotic, but Xia Yu intends to take this opportunity to firmly establish himself in Canada.
There is no other way. To this day, his influence in Canada is still too weak. In the industrial sector, it is Magna International, a Canadian auto parts manufacturer, which is one of the top ten in the industry.
As for the financial sector, the only thing that can be mentioned is the Canadian branch of the Bright Fund.
Otherwise, there have not been any outstanding achievements in other areas.
Take the banking industry as an example.
The strongest bank in the British sphere is Xia Yu's own Jiuding Bank, followed closely by HSBC.
It was HSBC that entered Canada in 1981 and incorporated HSBC Bank Canada.
HSBC was never short of money, and with Xia Yu's capital strength, it should have entered Canada and rapidly expanded the market through a series of mergers and acquisitions to gain a foothold.
But over the past few years, although HSBC Bank Canada has been developing full steam ahead, Xia Yu is still not satisfied.
HSBC Bank Canada has a total of only 108 branches nationwide, with total assets of 2.6 billion US dollars. It is not yet among the top 50 banks in Canada, ranking only 81st.
HSBC has not ruled out the possibility of rapid expansion through mergers and acquisitions, but Xia Yu has not directly interfered, and three successive attempts have been unsuccessful.
The reasons for the failed acquisitions are complicated, but the simple reason is that they were met with resistance from local banks led by the Rothschild family and US banks.
If even the banks are not firmly established, how can Xia Yu's consortium force get in there and eat the meat?
So this time, no matter what, he has to get in there and eat the meat!
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