44th Parl. 1st Sess.
October 26, 2023 10:00AM
- Oct/26/23 10:23:45 a.m.
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Madam Speaker, I want to say something very directly to the NDP member. At the government operations committee, we have requested documents related to the government's relationship with McKinsey. We want to insist on having all those documents.
Now the NDP member wants to look at outsourcing to other companies. I think this is legitimate, but if we do not have the support of the NDP to demand the documents on McKinsey, then what is the point of going on to look at other things? We need to be able to access the documents. Let us have the support of the NDP and insist on getting all documents related to McKinsey, and if they are not provided, challenge the issue appropriately. Then we can go on to look at other issues.
What is the point in asking for more documents from other companies if we have already set the precedent that we are not actually going to insist that those documents be delivered?
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- Oct/26/23 12:57:33 p.m.
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Mr. Speaker, part of the reason we are seeing companies actually not wanting to invest in Canada is the unpredictablity of our legislative and regulatory framework. When companies invest in this country and the rules are changed midstream, it breeds corporate insecurity. On the question my friend posed, the increases in the cost are due to the Liberal government's failed regulations, its failed intervention and its failed interactions with corporations that would have caused security in investment.
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Mr. Speaker, like the province of Quebec, the province of Manitoba has a very healthy aerospace industry. The technology is absolutely incredible. When we start to take a look at things such as computer components and the whole area of AI, I suspect there are companies outside Canada that would dearly love to be able to get their hands on some of this information, and they may not necessarily want to keep those good-quality jobs in communities. That is one of the reasons it was important we bring forward legislation of this nature. Again, I am a bit reluctant to provide comment on the real details of it. If the member has some very specific questions, he might be best advised to check with the minister in question.
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Mr. Speaker, no, I named this the Navdeep Bains amendment, as he did not review anything that went before him, and particularly not large companies from China. He approved them all without national security briefs. Now we know why Navdeep Bains did that: It was so he could secure himself a big, fat job on Bay Street, first with CIBC and now with the most expensive telephone provider in the world, Rogers, where he sits atop the tower talking about the things he used to regulate and let through. It is shocking, really, that Liberals would sell themselves for a job.
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- Oct/26/23 2:23:14 p.m.
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Mr. Speaker, I will answer the minister’s question for him if he will not bother to do so.
Under no circumstances do these companies deserve any taxpayer money, let alone $17 million. They are being investigated by the RCMP. They did no work for the government, and nobody seems to be able to explain how they got the contract. It is $17 million for these guys but food banks for two million Canadians. That is what we get after eight years of these guys.
How does anyone over there defend this scandal?
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Mr. Speaker, my colleague brought up excellent points. I wonder what he thinks about the fact that, in natural resources, we have had Vale, Rio Tinto, Xstrata and United States Steel take over the Canadian companies Inco, Alcan, Falconbridge and Stelco. What happened? We gave up all of our natural resources to foreign companies.
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Mr. Speaker, one of the dangers is indeed investing heavily at the end of the supply chain.
We are happy to see companies like Stellantis and Northvolt investing here, but we are at the end of the supply chain. No one is investing at the beginning, in other words, close to our mining companies, so we can protect our resources. We need to unblock the entire supply chain to ensure that we put lithium from Abitibi—Témiscamingue or Quebec in our cars instead of Chinese lithium.
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Mr. Speaker, the member for Windsor West has been a long-time member of the industry committee and has a good knowledge of the various industrial sectors.
I want to ask him about the impact of foreign ownership on certain segments of the industrial sector. For example, almost every company in the steel or aluminum industry is foreign-owned, and none of those steel and aluminum sector companies have had any capacity during the last 20 years. The stagnation we see with this foreign ownership does not impact the economic security of Canada, which can also be related, in one way or another, to the national security of Canada.
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Mr. Speaker, fundamentally, the idea of breaking up private sector companies just because they have gotten large may not be great for the limited market that Canada enjoys. However, more competition in every sector is required and should be encouraged. That is my position.
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