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Decentralized Democracy

House Hansard - 240

44th Parl. 1st Sess.
October 26, 2023 10:00AM
Context: House Hansard - 240 - Oct/26/23
Ms. Bonita Zarrillo (Port Moody—Coquitlam, NDP)
  • Oct/26/23 4:22:44 p.m.
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  • Re: Bill C-34 
Mr. Speaker, earlier, NDP members were talking about the fact that we have no protections in Canada from extra-large corporations that are making billion of dollars in profits and are basically sucking up all the little guys in this country. Can the member speak to whether they agree that we should have rules, like the United States does, that would allow us to break up these extra-large oligarchies, which are taking over competition in Canada?
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Context: House Hansard - 240 - Oct/26/23
Mr. Brad Vis
  • Oct/26/23 4:23:23 p.m.
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  • Re: Bill C-34 
Mr. Speaker, I appreciate the question regarding the Competition Act, which has been debated very recently in the House of Commons. However, the Investment Canada Act is a bit different than the Competition Act. What we are focused on here today is ensuring, irrespective of political party, that the Government of Canada has the necessary tools and framework to protect Canadian sovereignty to ensure that our elected officials can make appropriate decisions when foreign investment wants to come into this country and make a decision to ensure that it would be a net benefit gain for Canada when foreign investment dollars come to our wonderful country.
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