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Decentralized Democracy

Randall Garrison

  • Member of Parliament
  • Member of Parliament
  • NDP
  • Esquimalt—Saanich—Sooke
  • British Columbia
  • Voting Attendance: 67%
  • Expenses Last Quarter: $148,586.11

  • Government Page
  • Feb/17/23 1:14:21 p.m.
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  • Re: Bill C-34 
Mr. Speaker, I listened with interest to the member's comments. The bill we are discussing is on the Investment Canada Act and whether we need to update it given some changes in the world. I will ask a question that I asked earlier of a Conservative member. Increasingly, foreign investors see the Canadian health sector as place in which they can invest. We have the example of Anbang, a Chinese insurance company that was later nationalized or seized by the Chinese government, which is a major investor in long-term care homes in my province. I wonder if the member agrees with us in the New Democratic Party that we need to update this piece of legislation before us to take into account investments like these, which put the health of Canadians at risk.
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  • Feb/17/23 10:28:49 a.m.
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  • Re: Bill C-34 
Mr. Speaker, my question for the hon. member is about the increasing number of foreign investments we see in the health sector, where for-profit companies from abroad see Canada as a place to make profits off the health care needs of Canadians. I am thinking of Anbang, which bought up Retirement Concepts. It owns 20 retirement homes in British Columbia and is the largest source of substantiated complaints about care in the province. Does the member believe that this version of the bill will provide adequate protection against for-profit companies trying to invade the health care sector?
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