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Decentralized Democracy

House Hansard - 153

44th Parl. 1st Sess.
February 3, 2023 10:00AM
Context: House Hansard - 153 - Feb/3/23
Mr. Rick Perkins (South Shore—St. Margarets, CPC)
  • Feb/3/23 10:24:18 a.m.
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  • Re: Bill C-34 
Madam Speaker, I know that the government has put in these policies and made some of these amendments here, but these are only as good as the minister's own scrutiny of transactions. In 2019, this minister's predecessor approved the sale of the Tanco mine in Manitoba to a Chinese mining business. That mining business now controls the only lithium-producing mine in Canada and the mine that produces most of the world's cesium. The minister did not ask them to divest, but he asked three others. Why would he not implement a divestment of that particular investment, if he cares so much about state-owned enterprise interference?
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Context: House Hansard - 153 - Feb/3/23
Mr. Rick Perkins (South Shore—St. Margarets, CPC)
  • Feb/3/23 1:28:09 p.m.
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  • Re: Bill C-34 
Madam Speaker, I would like to ask the member for Nepean about state-owned enterprises from not-so-democratic countries, or hostile countries. It was recommendation number one of the industry committee's report from the last Parliament on this issue that the threshold for consideration as a national security or net benefit test under this act be reduced from the $415 million to zero dollars, so that every transaction in every type of industry by a state-owned enterprise from a nondemocratic country would be reviewed. That is not in this bill. Would the hon. member support it being amended that way?
103 words
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