The company originally contracted with existing elevator companies to handle grain delivered by members. In 1926 it purchased the Saskatchewan Co-operative Elevator Company and its 451 elevators and 4 terminals. By 1928-29 the Pool owned 970 elevators and was handling 158 million bushels (57.
Foreign Investment in Canada is both direct (made to manage and control actual enterprises) and portfolio (made only for the interest or dividends paid, or the possible capital gain to be achieved). The amount of both types is very large, with the consequence that a considerable amount of the Canadian economy is controlled by foreigners.
An eerie calm descended on the streets of Winnipeg on the morning of May 15, 1919. The street cars and delivery wagons lay idle. Some 50,000 tradesmen, labourers, city and provincial employees had walked off the job, leaving the city paralyzed. It was North Americas first general strike.
Two days later, the 3 main UNION CENTRALS defied a municipal ban to organize a huge march in solidarity with the newspaper workers. More than 12 000 people clashed with 100 Montréal policemen. The outcome was some 50 arrests, several dozen injuries and one death from natural causes.