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Decentralized Democracy

House Hansard - 242

44th Parl. 1st Sess.
October 30, 2023 11:00AM
Context: House Hansard - 242 - Oct/30/23
Ms. Lori Idlout (Nunavut, NDP)
  • Oct/30/23 12:28:45 p.m.
  • Watch
  • Re: Bill C-34 
Uqaqtittiji, I would like to thank the member for his interest in the north and the Arctic. I am not sure how genuine it actually is. With respect to this act, the Investment Canada Act, when it comes to ensuring we are doing better at protecting individuals and the land, a lot of what we have to do in these pieces of legislation is prevent the acquisition of certain things. For example, in Nunavut there is a mining company that is not owned within Canada, and a lot of damage is being caused by this mining companies to our lands and our territories. What we need to do is make sure that there is free, prior and informed consent so that indigenous peoples can and will have a say in ensuring that legislation, such as the Investment Canada Act, can have a positive impact on them. Does the member agree that ensuring free, prior and informed consent should also be included in acts such as these?
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Context: House Hansard - 242 - Oct/30/23
Mr. Ben Lobb
  • Oct/30/23 1:48:32 p.m.
  • Watch
  • Re: Bill C-34 
Madam Speaker, that is from my neighbour, who sits right behind me. He is a decent fellow; he has not hit me in the back of the head yet, so I appreciate that. The fines and penalties are increasing. It is so important for businesses to know that Canada is open for business, but if someone is going to do an acquisition, they have to go into the office and disclose what their intentions are with the Canadian business and how they would like to conduct themselves. To answer the member's question, today there is not enough of that done in the beginning. Then we get into these 11th-hour scenarios where it is not good for the business or the government of the day, and the wrong decision is usually made.
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