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Decentralized Democracy

House Hansard - 242

44th Parl. 1st Sess.
October 30, 2023 11:00AM
  • Oct/30/23 12:15:51 p.m.
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  • Re: Bill C-34 
Madam Speaker, not only at the industry committee, but also at the ethics committee, we have had CSIS and other organizations talk about just what state-owned companies do in Canada. One of the witnesses said: Chinese law requires that all companies and individuals co-operate with their intelligence establishment and hide that co-operation [under state-owned law in China]. That, combined with the Chinese regime's unrelenting cyber and human-source spying on our Parliament, political parties, government departments, universities and businesses, is reason enough to conclude that foreign investment from China must be subject to the most stringent national security test, regardless of what sector or industry the proposed investment may target. We are in a new world now. We talked about the importance of identifying and ensuring a review of all state-owned Chinese corporations' involvement in Canadian companies. It is of utmost importance. I wish the other parties would take that matter as seriously as we do.
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