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House Hansard - 242

44th Parl. 1st Sess.
October 30, 2023 11:00AM
  • Oct/30/23 1:48:32 p.m.
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  • 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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