44th Parl. 1st Sess.

November 9, 2023 10:00AM

Mr. Rick Perkins (South Shore—St. Margarets, CPC)

Nov/9/23 12:27:06 p.m.
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Re: Bill C-34

Mr. Speaker, I listened intently to the speech by the hon. member, and it started with a false premise. The hon. member seems to think he is an expert going back to the Investment Canada Act's introduction on how many investments have been approved or not approved through the process. Of course, he said none, which is completely false. Even in the Harper government, just briefly, there were examples. PotashCorp was rejected by the Harper government, as were the sales of the Canadarm to U.S. interests and Radarsat. Thus, the member should do his homework a little more before he speaks about those issues. However, on the bill itself, could the member explain why he thinks the government believes that cabinet should not be involved in the decision-making process in any acquisition of a corporation by a foreign entity?

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Context: House Hansard - 250 - Nov/9/23

Hon. François-Philippe Champagne (Minister of Innovation, Science and Industry, Lib.)

Nov/9/23 3:13:12 p.m.
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Mr. Speaker, I do not think he will be able to use that clip because that corporation existed for 10 years under the Harper government. Just think, 10 years under the Harper government. On this side of the House, what did we do? As soon as we were made aware of the allegations, we asked an external firm to investigate them. When we received the report, we asked that corrective measures be taken. We expect the highest level of governance from every agency that receives funding from the Government of Canada. We will get to the bottom of this.

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House Hansard - 250