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Decentralized Democracy

House Hansard - 247

44th Parl. 1st Sess.
November 6, 2023 11:00AM
Context: House Hansard - 247 - Nov/6/23
Mr. Ted Falk
  • Nov/6/23 4:40:47 p.m.
  • Watch
  • Re: Bill C-34 
Madam Speaker, the member asked a good question. I ask why we continue to allow Chinese state-owned companies to invest in Canada when even President Biden, who we often consider as being at the far left or the extreme left, has banned Chinese state-owned companies from operating technology in the United States. The question really is why, here in Canada, are we not seeing the same thing?
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Context: House Hansard - 247 - Nov/6/23
Mr. Rick Perkins (South Shore—St. Margarets, CPC)
  • Nov/6/23 6:25:08 p.m.
  • Watch
  • Re: Bill C-34 
Madam Speaker, I listened with interest to the member for Lethbridge's speech, and I am particularly interested in the example she gave about Hytera. For those who are watching and do not understand, the Chinese-based state-owned company that bought it does not make money; it actually loses money every year. These state-owned enterprises are not only acquiring Canadian companies but also winning contracts by being the lowest bidder for Canadian companies not making money. Could the member please inform the House what she thinks the motivation might be of a state-owned enterprise if it is not making money in acquiring these businesses?
107 words
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