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Decentralized Democracy

House Hansard - 163

44th Parl. 1st Sess.
February 17, 2023 10:00AM
Context: House Hansard - 163 - Feb/17/23
Ms. Leah Gazan (Winnipeg Centre, NDP)
  • Feb/17/23 10:43:59 a.m.
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  • Re: Bill C-34 
Mr. Speaker, I agree with my hon. colleague that this government really has failed in terms of protecting security in Canada. Let us look back in history. It was the Harper government that increased the threshold above which a foreign takeover of a Canadian firm would be reviewed in the first place. Would the member support reducing the current threshold for a prospective acquisition of either state-owned or state-controlled enterprises to zero so that every transaction triggers a review, including a net benefit test and a national security test?
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Context: House Hansard - 163 - Feb/17/23
Mr. Tako Van Popta (Langley—Aldergrove, CPC)
  • Feb/17/23 1:05:04 p.m.
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  • Re: Bill C-34 
Mr. Speaker, recommendation number one in the industry committee's report, which unfortunately did not get picked up in Bill C-34, is that the threshold for a takeover of assets, or of corporate chairs, by a state-owned enterprise should be set to zero. This would require a deep review of any such acquisition. Could my colleague comment on whether that is a gap in the bill that should be fixed?
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