44th Parl. 1st Sess.
February 17, 2023 10:00AM
Mr. Speaker, my colleague raised some very troubling points in his speech.
There seems to be a trend. Year after year, the number of foreign investments made in Canada goes up, as does their value. According to the latest available data, there were 1,255 applications for a total of $87 billion. Only eight of those applications were reviewed.
This bill would bump the number of applications reviewed up a bit, to 24. That is barely 2%. It does not sound like that is enough.
What should the government do to improve this bill?
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Mr. Speaker, according to the latest data released, last year, there were 1,255 foreign investment projects totalling $87 billion. Only eight of those projects were reviewed. With this bill, that number would increase to 24, which is barely 2% of foreign investment projects. Does my colleague think that is enough?
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All Topics
- Hear!
- Rabble!
- add
- star_border
- share