44th Parl. 1st Sess.
March 22, 2024
- This bill, called the National Security Review of Investments Modernization Act, aims to make changes to the Investment Canada Act. It includes several amendments:
1. It requires notice to be given prior to implementing certain investments.
2. It authorizes the Minister of Industry to impose interim conditions on investments to prevent national security risks during the review process.
3. It allows the Minister of Industry to order further reviews of investments.
4. It allows written undertakings to address national security risks and allows the Minister to complete consideration of an investment based on these undertakings.
5. It introduces rules for protecting information during judicial review proceedings.
6. It allows the Minister of Industry to disclose privileged information to foreign states for foreign investment reviews.
7. It establishes penalties for failure to give notice or file applications for certain investments.
8. It
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I have the honour to inform the House that messages have been received from the Senate informing the House that the Senate has passed the following bills: Bill C-34, an act to amend the Investment Canada Act; Bill C-67, an act for granting to His Majesty certain sums of money for the federal public administration for the fiscal year ending March 31, 2024; Bill C-68, an act for granting to His Majesty certain sums of money for the federal public administration for the fiscal year ending March 31, 2025.
Resuming debate. The hon. member for Terrebonne.
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Mr. Speaker, it is always great to rise in this most honourable House. I will be sharing my time with the hon. member for Steveston—Richmond East. It is great to see everyone this afternoon. I hope that all my colleagues and their families are doing well on this Tuesday.
I am pleased to take part in today's debate. Rather than indulge in Conservative partisan attacks on the pollution price, let us talk about what matters most to Canadians: making life more affordable and ensuring that Canadian families have good jobs and good futures for themselves and their children. That has been the focus of our government since day one and we will continue to be on that tangent.
As Canadians continue to feel the effects of global inflation, our government understands that it remains difficult for too many families to make ends meet.
We are seeing very strong indications that global inflation is rolling over. We have seen that in Europe where inflation is at 1.8% or so. We have seen that in the United States where some indicators have it down below 3%. We have seen rent inflation in the United States actually roll over to the downside. We have seen that in recent indicators in Canada. I strongly believe, as an economist and someone who worked on Bay Street and Wall Street for many years, although I grew up in small-town Canada, we will see that in the months ahead in Canada. When we look at the price of containers or look at leading indicators of the TRI index and so forth, inflation is rolling over to the downside. That is the way our economy is going. It will be a benefit to all Canadians.
Since 2015, our government has taken many actions to make life more affordable for Canadians who need it most, but we understand that some Canadians still need more support.
That is why, last week, the Deputy Prime Minister and Minister of Finance introduced new measures to support Canadians in the 2023 fall economic statement.
Of course, we are undertaking this while continuing to deliver the government's economic plan, and while also making important progress on the government's existing commitments that are helping to make life more affordable across the country.
It is clear that our measures are having a very real impact on Canadians' budgets.
I would like to give a few concrete examples.
A family with two children in British Columbia, with an income of $88,000 in 2023, could benefit from about $17,700 as a result of reduced child care costs, the Canada child benefit, the Canada dental benefit and tax relief from the increased basic personal amount, which we raised to $15,000 in 2023-24. That will provide Canadians $6 billion of tax relief from coast to coast to coast. This is money in the pockets of Canadians.
For my family, my little daughter is at day care. The families that use that day care in the province of Ontario have saved 50%, which literally means up to $8,000 in after-tax dollars, while before-tax dollars it is over $10,000. Going into 2024, they are going to see a further reduction in their day care costs, which means real savings for families across Canada. That, again, will make life more affordable for all Canadians.
In Nova Scotia, low-income students could receive more than $5,800 in additional support in 2023, thanks to increased Canada student grants and interest-free Canada student loans, the grocery rebate and pollution price rebates, known as the climate action incentive payments.
If students have a disability or dependants, they could receive an additional $12,800 in specialized student grants, plus an extra $640 per dependant and up to $20,000 toward devices that support their learning. After graduating, all their federal student loans will remain interest free. Again, student loans to youth or older folks going to school are interest free, with full repayment assistance available until their income surpasses $40,000 per year.
A 78-year-old senior in Quebec with a maximum GIS entitlement could receive more than $2,000 in additional support in 2023. That is $2,000 in seniors' pockets thanks to the grocery rebate, the GIS top-up increase for single seniors, and the 10% old age security increase for people 75 and up.
However, we know that more needs to be done to support Canadians, especially through these times when global inflation has had an impact on all economies throughout the world. That is why our government has taken further action in the 2023 fall economic statement to support the middle class and build more homes faster.
To help Canadians with mortgages, our government is moving forward with the new Canadian mortgage charter, which details the relief Canadians can expect from their banks if they are in financial difficulty.
We also understand that when it comes to housing, there is an important issue on the supply side. There is simply not enough homes for Canadians. We have known this for years. We know that we need to increase the supply of homes. We have no choice; we need to do it. There are many reasons for this. We are attracting newcomers from all over the world, whether it is in the global high-tech stream, family reunification, express entry or firms putting forward LMIAs.
We are a magnet for talent from all over the world wanting to come to live, work and invest in Canada, which is a foreign concept for the official opposition. Foreign companies wishing to invest in Canada is a great thing. We need to champion it. Literally millions of Canadians work for foreign companies that have invested in Canada, and I cannot believe the official opposition does not like that.
We also understand that when it comes to housing, we need more supply. That is why we are accelerating our work to build more homes faster. Indeed, the Deputy Prime Minister announced last week in the 2023 fall economic statement that we would introduce billions of dollars in new financing to build more homes faster.
To make housing in this country more affordable, we will put forward measures to crack down on short-term rentals. We really want homes to be used for Canadians to live in. We will also take steps to increase the number of construction workers from coast to coast to coast.
I have been talking about housing measures, but cost of living challenges also include basic needs, such as groceries. Obviously, we see that as a major problem, so we are putting forward concrete measures to tackle it.
For example, we are going to amend the Competition Act and the Competition Tribunal Act to ensure Canadians have more choice, through competition, in where they take their business. The Competition Tribunal is something I hold dearly. We need to modernize it, and we are. We have done this with Bill C-34 and with other bills, as well as measures in Bill C-56. We need to move forward on that.
Capitalism is a wonderful thing, but capitalism only exists when there are rules and regulation and competition is encouraged, which fosters innovation, choice and lower prices. The more competition we have, the better our economy functions and better jobs happen. I am a big believer in new processes and new industries being created, and that is what is happening in Canada, whether it is in artificial intelligence, fintech or the many sectors across our beautiful country.
Together with Bill C-56, we will strengthen the tools and powers available to the Competition Bureau to enable it to crack down on abuses of dominance by bigger companies, including those intended to keep out competition, such as predatory pricing. Companies should pay for predatory pricing.
We will further modernize merger reviews, including by empowering the Competition Bureau to better detect and address killer acquisitions and other anti-competitive mergers. This is very important. Canadians deserve better, always—
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I declare the motion carried.
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It being 3:25 p.m., the House will now proceed to the taking of the deferred recorded division on the motion at third reading stage of Bill C‑34.
Call in the members.
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Mr. Speaker, I want to thank the hon. member for his recognition of veterans as we approach Remembrance Day.
I want to express my sympathy to the family of Norm Zimmerman, a local resident and World War II veteran. In 1943, he joined the RCAF. I want to express my condolences on behalf of a grateful nation to his son Bruce and to his family.
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Mr. Speaker, I want to thank the member for Central Okanagan—Similkameen—Nicola for the question and for his support on something that I am passionate about, the prevention of aquatic invasive species into the Okanagan, Shuswap or any waters in B.C.
On the three points the member mentioned, the current government has certainly failed. We are seeing taxes at higher levels than they have been in years. Inflation is incredibly high. The investment attitude in Canada is not good. We need a common-sense Conservative government that will re-attract business to Canada and allow businesses to profit and prosper.
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Mr. Speaker, I certainly appreciate the words of the member of Parliament for North Okanagan—Shuswap, as well as his leadership, particularly when it comes to the fight against aquatic invasive species.
Conservatives know that, if Canada is going to compete for foreign direct investment, we need to have three things right: We need proper investment rules, a competitive tax environment and environmental processes to get big projects done. Right now, the government has struck out on all three.
Conservatives wanted to actually extend an amendment that would allow for our Five Eyes partners, which share not only our values in terms of democracy and legal processes but also our market-based approach. That would have relieved at least one of the three important points that I raised earlier on how to attract direct investment.
What does the member think about the current government's approach when it comes to these three points: taxes, investment rules and environmental processes?
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Mr. Speaker, we are seeing that, after the inflationary spending of the current government, many businesses are struggling to survive. With the high interest rates that have been created, we are concerned about how many businesses may not be able to do so. However, to quickly sell them off to a foreign entity, which is really just looking to buy up businesses for pennies on the dollar, is not the answer. There should be a way for Canadians to invest in Canadian companies to make sure that those businesses are viable and can continue.
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Mr. Speaker, I have a very simple question for my colleague. I understand that the review itself has not been updated in a number of years. This is highly significant considering the scope and the likelihood of foreign interference, as we witnessed with China and others.
I have a concern. Our goal is not only economic prosperity, but also to keep our resources as our private preserve. What is missing in this bill that could cause a company to shut down if not for foreign investment? What should the government propose to maintain prosperity and hold on to our natural and human resources? Is this bill missing something?
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Mr. Speaker, the member for South Okanagan—West Kootenay is correct. We need to do everything we can to ensure the safety and well-being of our senior citizens, especially those who are in care homes and do not have families to support them.
With respect to the technicalities of exactly what the current government can and cannot do, I would not want to be quoted on that. I believe it is a bit more of a legal decision. However, I agree with the member for South Okanagan—West Kootenay: We need to ensure that there are measures in place to protect against foreign overtake of Canadian companies that serve our citizens. We must make sure that they are well protected.
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Mr. Speaker, I am glad my colleague from North Okanagan—Shuswap brought up the example of the long-term care homes that have been so problematic in our valley and in our province of British Columbia. The company Anbang, through Cedar Tree and others, perpetuated a situation of very poor care for our seniors: mothers, fathers, grandfathers and grandmothers. The NDP put forward an amendment to make it such that, if a foreign government took over a company after a foreign company had been cleared, as was the case with Anbang Insurance, Canada should act. When the NDP amendment was put forward for this bill, the government members said we could already do that.
Could the member comment on that and whether the government should take immediate steps to take over the company that is taking care of our seniors, since we really do not trust it to do that?
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Mr. Speaker, it is always an honour to rise in this House as a representative for the amazing people and spectacular region of North Okanagan—Shuswap.
Before I speak to Bill C-34, I would like to acknowledge that this is Veterans Week. I also acknowledge the recent loss of a dedicated community volunteer, constituent and friend, Steve McInnis, a 37-year veteran with the Canadian Armed Forces, where he served with distinction. In 1988, the Nobel Peace Prize was awarded to UN peacekeepers, and Steve received this fitting recognition for his service in the cause for peace in the Sinai peninsula from 1977 to 1978. Steve served his country and community proudly and with distinction and will be deeply missed. I am confident Steve has reconnected with his long-time friend and fellow veteran Paul Shannon for beers, laughter and, of course, their famous shenanigans.
I say to Steve, Paul and indeed all veterans and Canadian Forces families that Canada appreciates their sacrifices and we will never forget.
I rise today to speak to Bill C-34, an act to amend the Investment Canada Act. The proposals of this bill seek to amend the Investment Canada Act's governance of acquisitions of Canadian companies by foreign entities. After eight years of Liberal inaction, this bill is long overdue. I will provide some examples of how overdue it is.
In 2017, six and a half years ago, red flags were raised and alarm bells sounded about the takeover of B.C. seniors homes by profiteers in Beijing. I will quote one of my Conservative colleagues at the time, the former MP for Kamloops—Thompson—Caribou, Cathy McLeod, who stated:
Our seniors are concerned about the quality of care, of food, and the credentials of the people caring for them. This transaction is clearly not about charity; it is about profit. Why would the Prime Minister put the care of our parents and grandparents at the mercy of profiteers pulling strings from Beijing?
The Liberals' response to Ms. McLeod's concern was dismissive and short-sighted. As the industry minister at the time, Navdeep Bains, said, “the additional financial resources will allow Cedar Tree the ability to expand, provide better service, and create more jobs.”
Despite the Liberal reassurances back then, services for B.C. seniors were neither expanded nor improved. To the sad contrary, services became worse. It was B.C. senior citizens who suffered when multiple Beijing-controlled senior care homes failed to achieve standards of care for some of our most vulnerable citizens. The Liberals ignored warnings from the Conservatives, and the result was a Beijing-controlled disaster that caused suffering for seniors in British Columbia, suffering the Liberal government was warned of, suffering it ignored and suffering it enabled. That was the first example of how the government's hesitance and delay in protecting Canada have hurt Canadians.
As another example of how overdue this bill is, I will reference a 2019 report from the Standing Committee on Fisheries and Oceans, entitled “West Coast Fisheries: Sharing Risks and Benefits”. The fisheries committee undertook this study in response to very serious concerns raised by Canadian fish harvesters and coastal communities who had seen their access to Canada's fisheries eroded by increasing levels of foreign control.
The committee's study was in response to alarm bells warning us about very significant portions of Canada's west coast fisheries being bought and owned by foreign buyers. Alarms were raised by Canadian fishers who were and continue to be very concerned about the loss of control of not only a valuable Canadian food source to foreign entities, but a source of culture, economies and well-being for our coastal communities. The Liberal government should have acted sooner in response to the testimony we heard during that study, which pleaded for the government to protect Canada's interests from foreign interests. One witness testified:
As for overseas investment, besides a few large companies, this is very hard to trace, but there are examples. For instance, you may have heard of the recent scandal with money laundering through gambling and real estate in B.C. We traced one company that has been investing in groundfish and now owns 5.9 million pounds of quota. The director of this company is the same overseas investor named in newspaper articles on money laundering through casinos and real estate in Vancouver.
This testimony was provided to Parliament over four years ago. What is even more troubling is that even though that report was tabled in this House back in May 2019, the same fisheries committee was recently provided an update on the Liberal government's progress in addressing foreign takeovers. That update exposed that the government has failed to prioritize and take actions required to prevent foreign ownership and the control of Canadian fisheries resources that Canadians and Canadian communities depend on.
One key recommendation from that 2019 report stated:
That based on the principle that fish in Canadian waters are a resource for Canadians (i.e. common property), no future sales of fishing quota and/or licences be to non-Canadian beneficial owners based on the consideration of issues of legal authority, and international agreement/trade impacts.
When the committee received an update on the Liberal government's response to that report recommendation, we learned that the Department of Fisheries and Oceans still had no way of knowing who owns what when it comes to west coast fishing licences and quota. The Liberals put out a botched survey to try to find out, but little else has been done to address the issue.
These are just two examples of how the Prime Minister and his government cannot be trusted to do what is right for Canadians' interests. I will say, though, that there are members of this House who can be trusted to provide improvements to legislation, even such as this bill, which was flawed as originally drafted. I would like to recognize and thank my colleague, the hon. member for South Shore—St. Margarets, for the work that he and other Conservative members of the Standing Committee on Industry and Technology have done on Bill C-34 to strengthen it and hopefully deliver some much-needed and overdue protections to Canadians.
At the committee stage, the member for South Shore—St. Margarets recognized the flaws in this bill and, by working with the other opposition parties, was able to get significant amendments passed to strengthen the bill and protect Canadians' interests. Some of those amendments included, number one, that for any state-owned enterprise from a country that does not have a bilateral trade relationship with Canada, the threshold for review by the Government of Canada would be zero dollars, and number two, that any transaction over zero dollars would be reviewed, compared to the threshold now, which is $512 million.
Chinese government-controlled and other foreign entities are buying a lot of assets through sales of under $512 million now, without review. The new threshold, should this bill pass, would be zero dollars to trigger a review. The same would apply for a new concept that was added, which is that all asset sales would need to be included in the test with a state-owned enterprise so that an investment to acquire, in whole or in part, the assets of an entity could be subject to a review.
As I close today in the final minutes of debate before we all return home to our communities to take part in Remembrance Day ceremonies, on behalf of my family and all the residents of North Okanagan—Shuswap, I would like to express my deepest gratitude to the brave members of our Canadian Armed Forces for their service, and express this gratitude to Canada's veterans, many of whom made the ultimate sacrifice for our freedom, and to their families. We will never forget.
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Mr. Speaker, absolutely. If the member wants to know more, I can add to that.
There are so many places where Canada could be leading, and we are not because we have not made the investments in our infrastructure. That needs some discerning. This legislation is a step in the right direction, but it does not do nearly enough to allow us to screen potentially helpful foreign investment to get the infrastructure we need to serve our allies, and it does not do enough to protect our mineral assets and other critical assets for advancing our economy here at home and abroad.
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Mr. Speaker, we know that after eight years of the government's policies, the OECD put out a report that says Canada will have the worst performing economy in terms of business investment out of the entire industrialized world this decade and for the next two subsequent decades as a result.
I am wondering if the member could comment on this piece of legislation and the fact that the 10 amendments proposed by the Conservatives that were voted down by the NDP-Liberal coalition could have perhaps been part of a remedy to that situation.
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Mr. Speaker, my hon. colleague and I both have a passion for addressing hunger. There are eight billion people in the world. Four million of them are dependent on synthetic nitrogen fertilizers made through the Haber-Bosch process from natural gas.
If we had the pipeline that I referenced in my speech to eastern Canada, in the short term, we could have addressed the needs of our allies Germany and Japan, which have come calling for LNG. There will continue to be a need for infrastructure dealing particularly with natural gas.
We could also do far better in addressing the world's expanding use of coal with LNG. That would do more than any carbon tax ever will, as the record of it is showing, in reducing world greenhouse gas emissions. It was predicted 10 years ago that we would reach peak coal. We set a record in coal consumption in the world last year. We are predicted to smash that record this year. Why are we not putting Canadian LNG on the world market? It is because we do not have the infrastructure to deliver it to our allies and to some of the countries still putting coal-fired plants online.
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Mr. Speaker, my hon. colleague is a new member, as am I, of the international development caucus, and I enjoy working with him very much on that work.
I have a couple of things. First of all, he talked about the need for Canada to play a bigger role in the world so that our allies share intelligence with us. However, I cannot help but point out that the leader of his party, who is hoping to be the prime minister of this country, refuses to get top security clearance and in fact would not be able to benefit from their intelligence in any way.
The other thing he spoke about was the need for us to invest in energy infrastructure. My friend, the member for Timmins—James Bay, and I were in Germany meeting with the Chancellor and the head of the chancellery at this time last year, and they spoke to us about the need to translate their energy sources. They wanted their energy sources to become green. They were not interested in a long-term investment in fossil fuels. They wanted to get off fossil fuels, so building the infrastructure for fossil fuels that, in fact, the rest of the world is already moving away from does not seem like a very smart strategy.
I am wondering if he could comment on that.
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Mr. Speaker, I agree with my hon. colleague. We do want the investment here. Actually, some of the amendments proposed were going in the direction of allowing a less rigorous process for our Five Eyes allies, who have better processes in place than we have right now, to have reciprocity in the approval process. In addition, one of the amendments targeted only authoritarian states, which tend not to be our allies. There was differentiation, if we look at all the amendments, that allowed for a differential process depending on where a potential investment was coming from.
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Mr. Speaker, I will start from the beginning. I was thanking my colleague for his speech and telling him that a little earlier, I had mentioned that the Bloc Québécois members feel that this bill does not go far enough in protecting head offices.
However, as in everything, there needs to be balance, reasonable measures. We cannot shut down all outside investment. Several MPs have reiterated today that there needs to be outside investment as well. It is a question of striking the right balance. How do we implement good measures that preserve jobs, to try and maintain our technological innovation, but without blocking all outside investment?
I would like my colleague to share his thoughts with us. Where do we find the balance to be able to export, too, at some point?
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Mr. Speaker, I thank my colleague for his speech.
I would like to know what he thinks about something specific. Earlier, I asked a question about whether enough is being done to protect our head offices. The member told me that he agreed with me but that there must be balance in all things. What we want to do locally—
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Mr. Speaker, I am going to be splitting my time with the member for North Okanagan—Shuswap.
It is always an honour to bring the voices of Chatham-Kent—Leamington into this chamber. Today, I look forward to addressing the third reading of Bill C-34, an act to amend the Investment Canada Act, with the aim of protecting Canada’s national security. That is the important part.
After eight years of the Prime Minister, numerous foreign state-owned enterprises have acquired interest and control in many Canadian companies, intellectual property, intangible assets and the data of our citizens. As usual, the government has done too little, too late, to fully protect our national economic and security interests.
While Conservatives are pleased that four of our amendments were passed at committee, we are a bit bewildered as to why the Liberal-NDP government would want to water this legislation down. It defeated 10 amendments that would have made Canadian interests more fully protected by having better legislation. Why?
One of the amendments defeated at committee would have modified the definition of a state-owned enterprise to include any company or entity headquartered in an authoritarian state, and of course, one of the main ones there is China.
The House of Commons Special Committee on Canada-China Relations presented an interim report to the last May that was entitled “A Threat to Canadian Sovereignty: National Security Dimensions of the Canada–People’s Republic of China Relationship”. This report offered an in-depth review of the national security implications related to the PRC’s actions. It addressed key national security topics, including the safeguarding of Canadians from foreign interference, preventing threats to Canada’s democratic institutions and elections, defending intellectual property and research, enhancing cybersecurity, combatting organized crime and money laundering, addressing global health governance threats and scrutinizing the PRC’s intentions in the Arctic. This report should serve as a warning. We need to align ourselves with our allies.
The U.S. has created a committee on foreign investment in the United States, or CFIUS, which is an inter-agency committee authorized to review certain transactions involving foreign investment in the U.S. and certain real estate transactions by foreign persons, to determine the effect of such transactions on the national security of the U.S.
Have we not learned our lessons, through COVID, by allowing critical elements of our economy to be put under foreign control? A recent CBC article said, “Casey Babb, an international fellow with the Glazer Centre for Israel-China Policy and an instructor at Carleton University in Ottawa, said China uses foreign investment as a strategic tool.”
I am going to quote him from the article: “They use foreign investment as a door, as an entry point, to gain access to markets, to gain access to government, to investors as well”.
He goes on to say, “It's a great way to sort of use licit means to carry out illicit, or even legal but injurious, activities.” Dr. Babb also said that “China is looking to tap into [Canada's] natural resources, including oil, critical minerals and fish.”
The government’s “soft on China” policy must end. One of the amendments it refused to pass sought to list specific sectors necessary to preserve Canada’s national security, rather than using a systematic approach.
Let me provide a personal example of a sector-specific area. On our own farm in Leamington, in the years prior to the Ukraine-Russian war, we actually used more Belarusian potash on the farm than our own Canadian Saskatchewan potash. Why? Sea freight is relatively cheaper than rail freight. Why is our rail freight so expensive? Because it is being tied up hauling crude oil to eastern refineries, rather having that oil flow through an energy east pipeline, which is lowering our rail capacity for moving potash and other goods that cannot move by pipeline. Supply and demand drives up the cost of freight.
In addition, 660,000 to 680,000 tonnes of nitrogen fertilizer, mainly urea, were imported pre-war into eastern and central Canada. Why is western natural gas not flowing through a pipeline to fertilizer manufacturing plants here in eastern Canada? Again, Russia's invasion of Ukraine should teach us a lesson. Where we have critical inputs in Canada, we should ensure that we have the infrastructure that could be used domestically so that we would have competitive prices vis-à-vis foreign options.
Another Conservative amendment that failed to pass would have exempted non-Canadian Five Eyes intelligence state-owned enterprises from this national security review process to prevent an overly broad review process. This, unfortunately, sends all the wrong signals to our Five Eyes partners with whom the Liberal government's policies have been at odds.
Canada needs to be seen as a reliable player in this partnership. Under the current government, this has not been the case. Canada needs to restore its trustworthy reputation with the U.K., the U.S., Australia and New Zealand so that critical intelligence information gathered by one member can be confidently shared with other members.
Again, the failure of this amendment to pass sends all the wrong signals to our allies.
Amendment 25.4(1.1) would have allowed the Government of Canada to maintain ownership of intangible assets that have been developed in whole or in part by taxpayer funding. An example of an intangible asset, which I learned in preparation for this speech, is a radio frequency filtering system for our Mounties. What is that? It is a filter circuit made up of capacitors, inductors and resistors that is used to filter the signal frequency in communication channels.
What is behind this? Let us think back to 2017 when the China-based Hytera acquired a telecom company from B.C. called Norsat. This company has significant Chinese government ownership, but it does not make any money. Does that not send a signal that this should be looked at? This company significantly lost money for six years.
We rightfully called for a full national security review, but the industry minister refused, and he approved the Chinese acquisition that provided the RCMP with telecom equipment. Incredibly, the federal procurement department awarded a $550,000 contract to Ontario-based Sinclair Technologies to build and maintain the radio frequency filtering system for the Mounties. By the way, Sinclair Technologies is the parent company of Norsat International.
In 2022, Norsat was charged with 21 counts of espionage in the U.S., and President Biden banned it from the U.S. Just eight months later, the RCMP awarded China's Hytera subsidiary, Norsat, the contract to install telecom hardware in our RCMP communications systems.
When questioned at committee, the RCMP was asked if it knew whether Hytera was charged and banned from the U.S., and the answer was “no”. How can the Liberal government continue to let such enormous security breaches happen?
We all know how important lithium is for our economy. It is needed to make the batteries for our EV vehicles. In 2019, the Liberals approved the sale of Canada’s only lithium-producing mine to the China state-controlled Sinomine Resource.
Every ounce of lithium mined in Canada right now goes to China, while Canadians are unable to supply lithium to our own growing electric vehicle industry, which is putting our nation in a potentially vulnerable situation.
Again, in 2019, Conservatives demanded a full national security review. The “soft on China” Liberals ignored it. I guess this would explain why the NDP-Liberal coalition voted down amendment 25.3(1), which would have allowed the minister to go back and review past state-owned acquisitions through the national security review process, which would have allowed a more fulsome review.
Last week, the Prime Minister did show us that the Liberal government can go back, as it adjusted the carbon tax on home heating fuel in Atlantic Canada and in rural Canada. The government demonstrated it can reverse course after identifying a mistake. That, of course, was in response to polling, not in the interests of national security.
It is time for a common-sense government, a government that would allow our nation to prosper while at the same time protecting its citizens. Conservatives will continue to use our voices to ensure that both the prosperity and the protection of our citizens is defended.
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