SoVote

Decentralized Democracy

House Hansard - 256

44th Parl. 1st Sess.
November 27, 2023 11:00AM
Context: House Hansard - 256 - Nov/27/23
Mr. Bob Zimmer
  • Nov/27/23 7:57:13 p.m.
  • Watch
Madam Speaker, the article I quoted before was “CSIS warning Inuit leaders about covert foreign investment in Arctic, documents show". What can we do about it? There is a lot we can do about it. Again, the example I think about is one of those sad things I had to announce when I was up in Yellowknife speaking. A company the Prime Minister was at, the one rare earth minerals project he cut the ribbon at, was going into bankruptcy. Why? It is because we have a regulatory regime that is so burdensome it pushes those local investors out. Guess who has a way in? Foreign investment then comes in because of that desperation, as Natan Obed said in this article. We are just inviting this foreign investment in. We are in a sad state. Meanwhile, we have elements and materials we could be bringing to the world. We are one of the most green countries on the planet. Canada could be offering solutions around the globe, but yet here we are.
173 words
  • Hear!
  • Rabble!
  • star_border