The CDC was created as a result of Walter Gordon's Royal Commission on Canada's Economic Prospects, and the 1968 Watkins Report commissioned by Gordon, in an attempt to redress the problem of foreign ownership in the Canadian economy by stimulating the development of Canadian owned corporations, particularly in the field of natural resources and industry.
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Readers regularly find original articles by thinkers such as Mel Watkins, Stephen Lewis, Linda McQuaig, Armine Yalnizyan, Aaron Freeman, Gordon Guyatt, Cathy Crowe, Stewart Steinhauer and Charles Gordon, as well as "Hot Headlines", which are summaries and links to interesting articles in other publications.
He continued to argue for economic nationalist causes and in 1968, along with Peter C. Newman of the Toronto Star; economist Abraham Rotstein; and University of Toronto professor Mel Watkins, founded the Committee for an Independent Canada.