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Decentralized Democracy

House Hansard - 153

44th Parl. 1st Sess.
February 3, 2023 10:00AM
  • Feb/3/23 12:38:38 p.m.
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  • Re: Bill C-34 
Mr. Speaker, I thank my colleague from Winnipeg North for the question. I want to reiterate that the Bloc Québécois supports the bill, but it is also proposing some improvements, including to ensure that we can keep head offices in Quebec. The issue surrounding thresholds is simple: What happens in the case of devaluation? We may be entering a recession, and that worries me. COVID‑19 was especially worrisome for our businesses and flagship companies such as Air Transat, whose value dropped largely because of the loss of commercial flights. This had consequences, and if its value keeps falling and dips under the infamous threshold I was talking about earlier, it could be bought up by a foreign American, European or Chinese company. This means that its head office would move, and company decisions would no longer be made based on the best interests of the Quebec nation. In Abitibi‑Témiscamingue, we are having a major problem with flights from Rouyn‑Noranda to other destinations. Air Transat once expressed an interest in offering flights to international destinations. Unfortunately, that never happened, but there is no doubt that if it were another company, it would not be interested in the future of regional aviation.
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  • Feb/3/23 12:46:53 p.m.
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  • Re: Bill C-34 
Mr. Speaker, with respect to Chinese state-owned enterprises, could the member reflect on the threshold he believes might be reasonable? I believe the last committee in the previous Parliament indicated that a much lower threshold, maybe even zero, should be considered.
42 words
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