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Decentralized Democracy

House Hansard - 247

44th Parl. 1st Sess.
November 6, 2023 11:00AM
Context: House Hansard - 247 - Nov/6/23
Mr. Larry Maguire (Brandon—Souris, CPC)
  • Nov/6/23 4:43:22 p.m.
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  • Re: Bill C-34 
Madam Speaker, I want to ask my colleague if he had anything he wanted to finish up with at the end of his speech. I am pretty sure my colleague would agree with me that, regardless of who the U.S. president is, Canada is in a much better trading relationship to have them as any ally with what is happening in China right now.
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Context: House Hansard - 247 - Nov/6/23
Mr. Rick Perkins
  • Nov/6/23 6:13:54 p.m.
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  • Re: Bill C-34 
Madam Speaker, an amendment was promised at committee that all companies headquartered in China would be subject to an automatic review. The Liberals defeated that amendment. Could the member explain why?
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Context: House Hansard - 247 - Nov/6/23
Mr. Bernard Généreux
  • Nov/6/23 6:14:16 p.m.
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  • Re: Bill C-34 
Madam Speaker, we know that the current Prime Minister has the utmost admiration for the President of China. Again, when it comes to totalitarian countries like China that want to acquire Canadian technologies, it is vital that we find a way to act. I think that our amendments were designed to help—
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Context: House Hansard - 247 - Nov/6/23
Mrs. Rachael Thomas
  • Nov/6/23 6:25:52 p.m.
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  • Re: Bill C-34 
Madam Speaker, the existing committee and the committee of industry before it actually took opportunity to study this issue extensively. In addition to that, there have been other investigations done. What has been found is that at times, there will be state actors that will make an investment in Canada or purchase a business that exists within Canada and do so for the sake of the state actor. It is in their interest, not in the interest of the Canadian people. It is not in the interest in the furtherance of our nation. It is not in the economic interest of Canada. Rather, in this case in particular, it is the Communist Party of China that ultimately will benefit from such a decision. Again, this is where proper review and consultation are so important when we look to allow these foreign investments in Canada.
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