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Decentralized Democracy

House Hansard - 156

44th Parl. 1st Sess.
February 8, 2023 02:00PM
  • Feb/8/23 6:25:19 p.m.
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  • Re: Bill C-34 
Madam Speaker, I need further clarification of some of the comments made later in the member's speech about there being a zero threshold. I think that might not be the most effective use of everyone's time if we are chasing every dollar investment that is made in Canada. Does the member find that would be time well spent in our system?
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  • Feb/8/23 6:28:32 p.m.
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  • Re: Bill C-34 
Madam Speaker, as I said both in my speech and in my remarks to the government deputy whip, if the buyer is a state-owned enterprise of an autocratic regime like the People's Republic of China, the threshold should be zero. With respect to the preamble to her question regarding the increase to the threshold in general, I think that was made to be compliant with regulation under the WTO. I was not a member of that government, but that is my understanding of why that decision was made quite a number of years ago.
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