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Decentralized Democracy

Richard Cannings

  • Member of Parliament
  • Member of Parliament
  • NDP
  • South Okanagan—West Kootenay
  • British Columbia
  • Voting Attendance: 61%
  • Expenses Last Quarter: $128,729.57

  • Government Page
  • Oct/30/23 1:49:25 p.m.
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  • Re: Bill C-34 
Madam Speaker, I am glad my colleague mentioned Anbang. Retirement Concepts is a company operating a retirement centre in my backyard, basically, in Summerland. It was in trouble before Anbang, a Chinese-owned insurance company, got involved; that was approved, as the member said, probably mistakenly. Then, Anbang was taken over by the Chinese government. The NDP put forward an amendment to the bill before us that would trigger a review, with a previously okayed deal, if there was a subsequent takeover by a state-owned enterprise. Could the member comment on that and why the amendment did not pass through at committee?
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