SoVote

Decentralized Democracy

Chandra Arya

  • Member of Parliament
  • Member of Parliament
  • Liberal
  • Nepean
  • Ontario
  • Voting Attendance: 67%
  • Expenses Last Quarter: $104,578.46

  • Government Page
  • Apr/18/24 12:33:27 p.m.
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Madam Speaker, the member talked about Canada's ranking among OECD countries. Does he not also note that Canada is the top among all OECD countries when it comes to per capita foreign direct investment in the last year? He knows very well that this did not happen in a vacuum. It is Canada's focus on climate change, the focus on the generation of clean energy, the availability of good, skilled workers and the overall fiscal prudence the government has shown and the economic stability it has shown. Are these not reasons why foreign companies are still interested in investing in Canada today?
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  • Nov/20/23 4:02:19 p.m.
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Madam Speaker, I would like to present a petition on the foreign influence transparency registry. The petitioners fear a broad definition of foreign influence could infringe on Canadians' charter rights while stifling international business and civil society links that are beneficial for Canada. It could also create a chill within vulnerable communities, leading them to withdraw from civic engagement and public service, which would result in their further marginalization.
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  • Oct/26/23 4:35:39 p.m.
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  • Re: Bill C-34 
Mr. Speaker, national security issues due to investments made by certain state-owned enterprises were always a concern. In fact, I think we have gone back and re-reviewed some of the decisions made to allow foreign investments by state-owned enterprises. My view is that this bill is comprehensive enough to take care of the national security review of any investment made by any foreign entity.
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  • Oct/26/23 4:19:52 p.m.
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  • Re: Bill C-34 
Mr. Speaker, I appreciate the amendment to bring the threshold to zero dollars with respect to state-owned enterprises. I would like to ask my hon. colleague's opinion about the investments done by multinational companies where they come and capture an entire sector, as it is today with the steel and aluminum sector being entirely foreign owned. They just become the branch office of the foreign multinationals, focusing only on the North American markets, and never attempting to export the talent, resources and expertise that is available in Canada to the countries with which we have free trade agreements across the world. Does that not also fit into the definition of economic security which, in my view, is the same as national security?
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  • Oct/26/23 3:53:52 p.m.
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  • Re: Bill C-34 
Mr. Speaker, the member for Windsor West has been a long-time member of the industry committee and has a good knowledge of the various industrial sectors. I want to ask him about the impact of foreign ownership on certain segments of the industrial sector. For example, almost every company in the steel or aluminum industry is foreign-owned, and none of those steel and aluminum sector companies have had any capacity during the last 20 years. The stagnation we see with this foreign ownership does not impact the economic security of Canada, which can also be related, in one way or another, to the national security of Canada.
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