SoVote

Decentralized Democracy

House Hansard - 240

44th Parl. 1st Sess.
October 26, 2023 10:00AM
Context: House Hansard - 240 - Oct/26/23
Ms. Elizabeth May (Saanich—Gulf Islands, GP)
  • Oct/26/23 1:52:52 p.m.
  • Watch
  • Re: Bill C-34 
Mr. Speaker, one of the acquisitions that I wish had been reviewed, which I do not think Bill C-34, even with amendments, would catch, was Paper Excellence buying up the pulp and paper mills of this country: all of Catalyst, all of Resolute and, in the member's home province, starting with Northern Pulp. It looks like it was all financed by the China Development Bank. What does the member think about that?
74 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 240 - Oct/26/23
Mr. Rick Perkins
  • Oct/26/23 1:53:19 p.m.
  • Watch
  • Re: Bill C-34 
Mr. Speaker, if an acquisition is financed or controlled by a Chinese entity, thanks to the Conservatives, there is now a change to the act that says anything over zero dollars is reviewable by Investment Canada. I appreciate the hon. member for bringing that up. It gave me the opportunity to once again explain how important our amendment and improvement of the act are when looking out for those things.
70 words
  • Hear!
  • Rabble!
  • star_border