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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
Mr. Marty Morantz
  • Feb/17/23 10:43:06 a.m.
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  • Re: Bill C-34 
Mr. Speaker, I enjoy working with my colleague on the finance committee. He always has excellent questions and makes excellent points, and this is in fact one of them. This is an opportunity to really overhaul how Canada reviews foreign investment, in light of the new world that we are living in. I agree with the member entirely. The committee needs to have a serious look at what we could do. It could be by reducing the threshold to zero; by including asset purchases; by making sure it is not just the Minister of Industry who decides, but all of cabinet or some other broader mechanism. That would make sure Canadians remain in control of their economic future.
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Context: House Hansard - 163 - Feb/17/23
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Feb/17/23 11:21:21 a.m.
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Mr. Speaker, our government has been there for Canadians during this difficult time of global economic uncertainty. We are rallying Canadians and they are working harder than ever. In fact, 150,000 jobs were created in January alone, and women's participation rates in the economy are at a historic high. Canadians are standing together side by side in order to make it through these times.
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Context: House Hansard - 163 - Feb/17/23
Mr. Mark Gerretsen (Parliamentary Secretary to the Leader of the Government in the House of Commons (Senate), Lib.)
  • Feb/17/23 12:45:33 p.m.
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  • Re: Bill C-34 
Mr. Speaker, the necessity for this legislation, given the changes that have been happening, is extremely important. The member in her speech talked about the fact that things are different than they were 20 years ago or even just a few years ago. The reality is that, as we look to attract new investment and continue to open our country to investment from the world, we need to have secure legislation in place to ensure that the integrity of our economic system and our political system is kept in place. I am wondering if the member can comment on how we can properly balance that and bring that investment into our country, investment like that in my neighbouring riding of Hastings—Lennox and Addington, which is represented by a Conservative member, with the largest battery-manufacturing plant in North America. How do we ensure that we can have that proper balance in our country while also bringing in economic activity?
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