44th Parl. 1st Sess.
November 9, 2023 10:00AM
Mr. Speaker, I commend my colleague on his speech.
I would like to talk about common sense. I am going to tell a true story and I would like my colleague to tell me if it makes sense.
We are talking about the Conservative Party, who, today, is worried about foreign investments and our national security. However, that same party nearly had a leader who worked as a consultant for a company that is banned in Canada and that my colleague named: Huawei.
That company has been banned by the Five Eyes. Obviously, as usual, the federal government was lagging behind and Canada was the last country in the Five Eyes to ban Huawei.
I would like my colleague to explain how we are supposed to trust the Conservative Party when it allowed a person who worked closely as a consultant with a banned company to be a candidate for leadership of the party.
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Mr. Speaker, that was quite a story he told. Just because someone runs for leadership does not mean they are the leader of the Conservative Party of Canada. We have an open process and allow anybody to run.
One of the problems that we have in Canada is companies such as Huawei. The Liberal government took years to finally say that it should not be allowed to operate in Canada. The real story here is about the failure of the Liberal government to stand up for Canadians in security by making companies such as Huawei available. Even to this day, it is still working with universities to build technology. It just filed patents last week with Canadian universities.
It is shameful that the Liberal government is not standing up for safety and security in Canada.
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Mr. Speaker, one of the provisions in this bill would be to have more security over issues such as potash and MacDonald, Dettwiler, which would have national security provisions.
Could the member give just a quick comment about how important it is to include that element of national security related to the goods, services and natural resources that Canada has?
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Mr. Speaker, it is very imperative that, at any time while dealing with any of our energy sectors, we realize these are opportunities to make sure we are self-sufficient and that we are not going to have issues in the future with a loss of production or a loss of opportunities. We need to make sure that these kinds of companies are going to be safe because they are producing energy, or fertilizer in this case, as well.
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Mr. Speaker, before I begin, I would like to advise that I will be splitting my time with the very hon. member for Brampton North.
I am pleased to rise today to speak to the bold moves taken by the government to address economic and national security threats to Canada through Bill C-34, an act to amend the Investment Canada Act. I would also like to highlight the great collaborative work done during the committee's study to make the bill even stronger.
Bill C-34 sets out a series of amendments to improve the national security review process of foreign investments and modernize the Investment Canada Act. Collectively, these amendments are the most significant legislative update of the act since 2009. These amendments also represent one of the multiple steps the government has taken to ensure we can defend our economic interests, contribute to the resiliency of the global supply chain and protect our national security. This, in turn, helps us to attract stronger partnerships with our allies and to foster economic growth, a strong foreign investment regime and good beneficial investments in Canada, ones that will create high-quality jobs and opportunities for Canadians.
Defending our economic interests and protecting our national security are issues of critical importance, especially since our current climate of rapidly shifting geopolitical threats. This issue is a non-partisan one. During the six sitting days that Bill C-34 was debated, the House repeatedly stressed the need to modernize the Investment Canada Act to achieve those objectives. The House ultimately decided in a unanimous vote to refer the bill to study because we all recognized how important it was to get these amendments right so we could protect national security while ensuring we are not chilling useful and good investments.
We recognize that Bill C-34 has undergone a rigorous, robust study that spanned 11 meetings. During those meetings, the committee heard from a variety of legal and subject matter experts who testified about the benefits of foreign direct investment on Canadian business, the importance of protecting Canada's hard-earned intellectual property and the need to ensure our regime is capable of tackling the emerging national security challenges that Canada and our security partners are facing. We have engaged meaningfully with opposition members to discuss their perspectives and concerns and have worked collaboratively to bring new amendments that further strengthen the bill. We worked together to ensure that Canada's foreign investment regime continues to be the gold standard. The bill would not only provide us with better tools to protect our national security, but also help bring Canada into greater alignment with our international partners and allies.
The industry committee heard from witnesses about how important it is for Canada to have a regime comparable to its allies. Having a comparable regime would help to address common threats and maximize our collective effectiveness. One example of how we have aligned our regime closely with our allies through Bill C-34 is the new requirement for prior notification of certain investments. The United States, the United Kingdom and Australia all have introduced something similar within the past two years, either through recent amendments or stand-alone regimes.
The United States amended its foreign direct investment laws and added new types of transactions for government review. For the first time ever, it mandated notifications in transactions involving critical technologies, certain critical infrastructure or the sensitive personal data of American citizens. These regulations came into effect in February 2020.
Australia updated its law on foreign direct investment in January 2021. It introduced authorities to protect national security, including powers for the Australian government to require mandatory notification for transactions involving a national security business before the transactions are implemented.
The United Kingdom introduced a new regime for national security and investments in 2021. The U.K. legislation created a mandatory obligation to secure clearance for transactions that would acquire control of a business in 17 sensitive sectors before the transaction is completed.
The new pre-implementation filing requirement for Bill C-34 would allow Canada to have even better and earlier oversight over investments in certain sensitive sectors, especially when they give investors material access to assets and non-public technical information upon closing, such as cutting-edge intellectual property and trade secrets.
This amendment would enable the government to prevent irreparable harm through the loss of these intangible assets. Investors would now be required to file notification in time periods set out by regulation.
I want to emphasize that this amendment is a targeted approach limited to only certain business sectors. Across the board, a pre-implementation filing requirement would have an unnecessarily burdensome impact on businesses and investors without improvements to national security protection. Our targeted approach would provide greater certainty and transparency to businesses and investors.
Another example of Bill C-34 better aligning Canada's regime with those of its allies is its introducing the authority for the Minister of Innovation, Science and Industry, after consultation with the Minister of Public Safety, to impose interim conditions on an investment. This would reduce the risk of national security injury taking place during the course of the review itself, such as through the possible transfer of assets, intellectual property or trade secrets before the review is complete. This amendment is similar to the U.K.'s new power that allows its government to impose interim orders while the review is being conducted, preventing foreign investors from obtaining confidential information or accessing sensitive assets or sites until after the review is complete.
Finally, Bill C-34 introduces the authority for more direct information sharing by the minister with international counterparts for national security reviews to help common security interests. Previously, the minister had a limited capability to share case-specific information with their international allies. We know that Canada and our allies share similar national and economic security concerns. Our allies are concerned with threat actors operating in multiple jurisdictions to secure a monopoly in critical assets and technology. It is becoming increasingly more important to share information with allies to support national security assessments to prevent these threats from happening. This new information-sharing authority strengthens co-operation between Canada and other like-minded countries to defend against investors that may be active in several jurisdictions seeking the same technology. That said, Canada would not be obligated to share such information where there are confidentiality or other concerns.
I thank esteemed colleagues for their attention today. I can assure members that our approach is pragmatic, principled and provides a solid framework.
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- Nov/9/23 1:48:15 p.m.
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Questions and comments—
Mr. Chris Bittle: I am not done.
The Deputy Speaker: I apologize. When the hon. member said, “I thank esteemed colleagues”, I thought the member was done.
The hon. member for St. Catharines.
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Mr. Speaker, I was really getting into it. It was an exciting moment. There was some enthusiasm on the other side, which I think led to further confusion. It is a fault across the board, and we can all take a little blame. I am in the winding-up phase of my speech, and I apologize for any confusion.
To conclude, the collaborative efforts during the industry committee have ensured that we woudl meet these goals, which is why I believe that this bill, as amended, should be adopted and referred to the other place. We are confident that, with Bill C-34, Canada would encourage positive investment without having to compromise on our national security, getting the best of both worlds.
I thank the INDU committee for all of its work. All of the committee members did outstanding work to get us to a place where, I think, we will have all-party support when we finally vote on this bill.
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Mr. Speaker, it is always a pleasure to ask questions of this member, whom I know well. He is a great human being. The member can put that in his campaign commercial.
I am sure, or at least I am hopeful, that the member will be a member of cabinet. Does he not think that some of these national security decisions, opposed to just being decided by the minister, as per the bill, should go in front of cabinet so the people of St. Catharines, for example, could have a say?
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Mr. Speaker, the hon. member and I shared an office together for about a year as articling students almost 20 years ago, which is an awful thing.
I am sure good ministers will always consult with their fellow cabinet members, but keeping this to a couple of ministers allows us to be nimble and allows ministers to conduct a review in the most expeditious way, ensuring not only that there is security but also that business transactions and investments continue to happen.
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Mr. Speaker, I thank my hon. colleague for his enthusiastic speech today, and I greatly appreciate the love we are seeing in the House.
In the opening of his speech, he characterized this bill as bold, although I have heard from our Conservative colleagues that it is not going far enough and is only a small step in the right direction. Could he comment again on the collaborative process at committee and the putting forward of amendments to make this bill as strong as it could possibly be?
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Mr. Speaker, I was not at the committee, but I do know that Conservative amendments were brought into the bill.
It is the role of opposition parties to say that the government is not going far enough or is going too far, which is often where we find ourselves. However, I think the committee has struck the right balance. This is a good step forward and a bold step forward to bring us in line with our allies and ensure that Canada continues the incredible track record of foreign direct investment.
The Minister of Innovation was quite excited today about Canada being third in foreign investments, and I know he does incredible work on a daily basis. This would help Canada continue to succeed into the future.
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Mr. Speaker, being part of the committee, I know there was a collaborative approach.
New Democrats have been raising this issue since 2003, when China Minmetals was buying Canadian natural resources. Unfortunately, the Liberals have a track record of selling our natural resources, whether it be to Inco, Falconbridge or Stelco. A whole series of our natural resources and natural resource industries have been lost.
I would like the member to reflect on whether the Liberals regret selling Petro-Canada for a significant loss in the market at that time, when it was okay for the Chinese state government to own Canadian natural resources but it was not okay for Canadians to own their own natural resources. What do the Liberals think about that as we go forward, given their past record of missed opportunities to protect Canadian companies and natural resources?
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Mr. Speaker, I am a little worried that the member overestimates how old I am. I think the things he is talking about happened when I was in high school. I am not sure how to respond to that.
I do know that the government is committed to national security efforts. That is what this bill is about. The hon. member can talk about decades in the past. We are committed to the future. We are committed to ensuring that Canada is there, that our security investments are protected and that we thrive into the future.
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Mr. Speaker, it is an honour to rise today to speak to the modernization of the Investment Canada Act.
As many who are following this debate know, this act was last revised in 2008, so this legislation represents the most significant update to the act since that time. It would ensure that we can address changing threats that arise from foreign investment and would do so while our government continues to welcome foreign direct investment.
As my colleague before me stated, we are rising in the ranks of foreign direct investment, but at the same time, we are also facing global threats unlike ones we have ever faced before. This is a really appropriate time for us to get in line with other allies of ours and update our act to make sure we are keeping Canadians safe as a whole.
Speaking of Canadians, the other day, a young adult in my riding wrote to my office. He is a first-year political science student. He wrote to me about concerns with foreign interference, and some of what he said was quite interesting. He proposed three different areas in which the Government of Canada could do better in order to make sure we are safe from foreign interference threats.
He wrote to me about the recent statement made in this House about Hardeep Singh Nijjar's murder. However, he went a lot further than just this instance and talked about our democracy as a whole and what we should do to protect it now. He said that we are seeing very bold covert operations taking place in our country, whether it is disinformation campaigns, hacking, political manipulation or espionage. All of these things are rising, and there are concerns regarding the traditional boundaries of espionage. He says, there is a shift toward more overt and covert interference in international affairs by state players.
Interestingly, he writes that countries like China, Russia, Iran and India are assembling economic blocs and seem to be more open to taking chances to further their geopolitical objectives. He further says that although covert operations on Canadian soil are not new, Canada is a desirable target due to its advanced economy, technology and abundance of natural resources. He says it is concerning that these problems are converging and that foreign actors can profit from Canada's defining characteristics by taking advantage of our society's openness and variety. It is in our communal responsibility to confront these threats, and we must work together to stop foreign meddling from undermining the core values of our country.
He continued to talk about strengthening cybersecurity and safety measures regarding actors who seek to take over our resources, which we have seen. There has been concern when it comes to agriculture and infrastructure as well. I thought it was very interesting that a lot of these things tie in.
It is an important time for us to be taking these types of measures to make sure we continue to protect Canadians, Canadian interests and our economy at the same time, doing it in a transparent way as we continue to have more and more free trade agreements with countries around the world. Since our country has more agreements, especially those signed by this government, than any other country in the world, we need to make sure we also have the safety nets in place to make sure that, through these agreements, we do not increase our chances of risk.
This bill is an extremely good effort, and I was excited to see that, through the committee process, many amendments were made to further strengthen this legislation. The Conservatives and the New Democrats have all had input. From the speeches I have heard in this House, it looks like we may differ slightly, but there is core support to make sure that this legislation passes, keeps Canadians safe in the future and continues to increase the economic prosperity of this country.
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- Nov/9/23 1:59:37 p.m.
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Mr. Speaker, since the current conflict in Gaza began, more than 10,000 innocent civilians have lost their lives. Over 4,000 of them are children. More children were killed in Gaza in one month than in any conflict annually since 2019. Eighty-nine UNRWA employees have been killed. This is the highest number of UN aid workers killed in a conflict ever. Nearly 40 journalists have died. They were not terrorists. They were mothers and fathers, brothers and sisters, daughters and sons. How many more innocent people's lives will be lost?
When our grandchildren ask us what we did during this crisis, what do we want to tell them? The Prime Minister said that the price of justice cannot be the continued suffering of Palestinian citizens. I agree.
At every opportunity, I have called for a return of all hostages and a ceasefire to save innocent civilian lives. It is the only answer, and I will continue to make this plea: ceasefire now.
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- Nov/9/23 2:00:51 p.m.
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Mr. Speaker, this Liberal government regards people living in rural areas as second-class citizens, leaving them to contend with inadequate cell service. Since the first day I was elected in 2019, I have been urging the government to make this issue a priority.
Mr. Morin, from Sainte‑Aurélie, wrote to me and said that, in the event of a fire or accident, emergency services cannot be reached on a cell phone. Repair people and merchants cannot receive calls and messages without leaving the area.
I am thinking of Mr. Plante, who nearly died in Saint‑Victor in 2021 because of poor cell coverage and Mr. Paradis, from Saint‑Isidore, who had a heart attack in 2022. The paramedics were unable to communicate with the hospital.
The government must force the Canadian Radio-television and Telecommunications Commission, or CRTC, to require telecommunications companies to develop a reliable cellular network throughout the regions. This is a matter of public safety. One call can save lives.
Will the government finally answer the call and respond to the heartfelt pleas from people in the regions?
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- Nov/9/23 2:01:56 p.m.
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Mr. Speaker, today, I rise to recognize the vibrant festivals of Diwali and Bandi Chhor Divas, festivals that illuminate our hearts and homes with joy and light.
Diwali, also known as the festival of lights, holds profound significance in our cultural tapestry and is one of the largest festivals celebrated in Brampton. Diwali signifies the victory of light over darkness, good over evil and knowledge over ignorance. During this time, we celebrate by gathering with our loved ones, lighting diyas and exchanging sweets. Diwali is a significant festival uniting us all in the spirit of hope and positivity.
As we gather to celebrate Diwali and Bandi Chhor Divas with our loved ones, let us reflect on the importance of family, friendship and the bonds that tie us together as humanity. I encourage all members in this House to join me in wishing all Canadians a very happy Diwali and Bandi Chhor Divas.
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- Nov/9/23 2:02:51 p.m.
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Mr. Speaker, this Saturday, November 11, we will mark Remembrance Day. Together, let us wear a poppy on our lapel to honour the memory of all those who fought for our freedom. It is one of the few rituals that brings all members of all parties together.
Chosen for how abundantly it grew in the fields after battles and in military cemeteries after the war, the red poppy, a reminder of blood spilled, is worn on our left side, near the heart, and must be treated with all the respect it deserves for what it represents. By wearing this symbol, we are telling veterans and their loved ones that we stand with them in honouring their devotion.
These days, when current events offer a stark reminder of how our promises of “never again” ring hollow, the poppy also affirms our wish for peace by reminding us of the heavy price we pay to get it back once it is lost.
Let us show veterans our respect.
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- Nov/9/23 2:04:07 p.m.
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Mr. Speaker, as a retired police officer, I stand up for our veterans.
On the solemn occasion of Remembrance Day, we gather as a nation to pay tribute to the brave women and men who have made the ultimate sacrifice in service to our great country. Today, we remember the heroes who stood valiantly in the face of adversity defending the values and freedom that define Canada.
As a member of Parliament, I am deeply moved by the sacrifices made by our veterans. We honour their memories by upholding the principles they fought for: peace, democracy and justice.
Remembrance Day is not only a day of reflection, but also a call to action. Let us strive for a more peaceful world where conflicts are resolved through dialogue and understanding. Let us support our veterans, ensuring they receive the care and respect they deserve.
Lest we forget.
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- Nov/9/23 2:05:16 p.m.
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Mr. Speaker, as we head toward Remembrance Day, I rise to pay tribute to a great Canadian.
Russel William Woods died during the pandemic, on December 18, 2020, at the age of 96. Russel served in Bomber Command during the Second War War in the Royal Canadian Air Force as a Lancaster tail gunner. Of the 20,000 Canadian airmen in Bomber Command, half were killed in action.
After the war, Russel returned home to Belwood and to farming. He was a founding member of Chicken Farmers of Ontario. He was a devoted member of Royal Canadian Legion Branch 275 in Fergus. He was a loving husband, brother, father, grandfather and great-grandfather.
For all of us, he was a great friend and devoted community member, always with a smile and always with a sense of humour.
Russel William Woods was truly a great member of the greatest generation. We will remember him.
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