House of Commons Hansard #195 of the 41st Parliament, 1st Session. (The original version is on Parliament's site.) The word of the day was investment.

Topics

Foreign Investment
Oral Questions

2:30 p.m.

NDP

Hélène LeBlanc LaSalle—Émard, QC

Mr. Speaker, the Minister of Natural Resources confirmed this morning that the transaction would not have been approved under the new guidelines.

Friday's decision by the Conservatives adds to the confusion. The Conservatives have still not defined the net benefit for Canada. They have created a new category: exceptional circumstances for foreign governments that want to buy Canadian companies.

There is one more term that is not clear. Can the Conservatives tell us what they mean by “exceptional circumstances”?

Foreign Investment
Oral Questions

2:35 p.m.

Mégantic—L'Érable
Québec

Conservative

Christian Paradis Minister of Industry and Minister of State (Agriculture)

Mr. Speaker, we have clarified the guidelines, as we promised we would.

I think the hon. member will understand, because it is very clear. When we talk about oil sands, people can expect that these resources will not be taken over by foreign interests or foreign governments. I think that is clear enough.

Foreign Investment
Oral Questions

2:35 p.m.

NDP

Peter Julian Burnaby—New Westminster, BC

Mr. Speaker, Canadians are asking these questions because they know, after these last few months of sheer incompetence, Conservatives cannot be trusted to manage foreign investment. The Conservatives just want to sell out Canada.

Conservatives claim they will limit foreign state control of the oil sands and yet the FIPA with China will do the opposite. They did not get reciprocity. They gave away national treatment rights to companies such as CNOOC. The Conservatives do not even seem to understand the agreement they signed. They approved the CNOOC takeover of Nexen and they signed the Canada-China FIPA, which gives special rights to CNOOC. Why were they so irresponsible?

Foreign Investment
Oral Questions

2:35 p.m.

Calgary Southwest
Alberta

Conservative

Stephen Harper Prime Minister

Mr. Speaker, there are so many errors in that question, I do not know where to begin. Let me just say this. We know the position of the other two parties. We know the extreme position of the Liberal Party, which rubber-stamped every single foreign investment when it was in office. We know the position of the NDP, which is to be against every single foreign investment.

Canadians expect that our government will be open to foreign investment for the benefit of this economy but in a way that preserves Canadian jobs and protects Canadian interests. Only we have the balanced, reasonable approach that Canadians—

Foreign Investment
Oral Questions

2:35 p.m.

Some hon. members

Oh! Oh!

Foreign Investment
Oral Questions

2:35 p.m.

Conservative

The Speaker Andrew Scheer

Order, please. The hon. member for Burnaby—New Westminster.

Foreign Investment
Oral Questions

2:35 p.m.

NDP

Peter Julian Burnaby—New Westminster, BC

Mr. Speaker, we know the Conservative position all right: sheer incoherence and incompetence. That is the Conservative position. The Canada-China FIPA is just another botched Conservative negotiation. The FIPA guarantees CNOOC the right to expand its ownership of the oil sands, just like any other company in Canada. If anyone tries to stop it, CNOOC can sue for millions of billions of dollars.

The Conservatives refused to consult Canadians on the FIPA or on Nexen. Unbelievably, Conservatives even chose to leave it up to the Chinese government to provide openness and transparency. It is incredible.

Why are the Conservatives so contemptuous of the views of ordinary Canadians? Why do they—

Foreign Investment
Oral Questions

2:35 p.m.

Conservative

The Speaker Andrew Scheer

Order, please. The right hon. Prime Minister.

Foreign Investment
Oral Questions

2:35 p.m.

Calgary Southwest
Alberta

Conservative

Stephen Harper Prime Minister

Mr. Speaker, the problem with the ideologues over there is that they do not bother to read anything. If they had read the foreign investment promotion and protection agreement, they would understand that Canada has exempted the Investment Canada Act from the application of that. We retain full authority and we have been very clear that there will be no foreign government takeovers of entire sectors such as the oil sands or anything else.

National Defence
Oral Questions

2:35 p.m.

Liberal

John McKay Scarborough—Guildwood, ON

Mr. Speaker, the Prime Minister said the following, “I find it sad, that some in Parliament are backtracking on the F-35 and some are talking openly about cancelling the contract, should they get the chance.... Cancelling a contract that way would be completely irresponsible”.

Will he now apologize to Canadians for deceiving them before, during and after the election, and finally admit that there never was a contract in the first place?

National Defence
Oral Questions

2:35 p.m.

Edmonton—Spruce Grove
Alberta

Conservative

Rona Ambrose Minister of Public Works and Government Services and Minister for Status of Women

Mr. Speaker, the National Fighter Procurement Secretariat has been set up to manage this process to ensure that transparency and due diligence is done in the lead-up to the decision to replace our CF-18s.

At this point, no money has been spent on acquiring any new aircraft to replace the CF-18s, and we will not be spending any money to replace the CF-18s until all of the seven-point plan by the secretariat has been implemented.

National Defence
Oral Questions

2:35 p.m.

Liberal

John McKay Scarborough—Guildwood, ON

Mr. Speaker, apparently the government's position is that it has never spent money on a contract that never existed in the first place. The Minister of Public Works seems to be awfully fond of her new-found refresh button for the F-35. Apparently, it was inoperative prior to the Auditor General's report.

Will she use her new button to apologize to Canadians for the Conservatives' shameful abuse of their trust? Will she use her new button to restate the statement of requirements? Will she use her new button to refresh DND's website to say that the F-35 is not the only option? Will she do it before the button wears out?

National Defence
Oral Questions

2:40 p.m.

Edmonton—Spruce Grove
Alberta

Conservative

Rona Ambrose Minister of Public Works and Government Services and Minister for Status of Women

Mr. Speaker, as I have indicated, the National Fighter Procurement Secretariat has been set up to manage the process to ensure maximum transparency, due diligence and independent oversight of the process to replace our CF-18s. At this point, no money has been spent on the acquisition of any new fighter aircraft.

In terms of the options analysis, it will be a full evaluation of choices and not simply a refresh of the work that was done in the past.

Aboriginal Affairs
Oral Questions

December 10th, 2012 / 2:40 p.m.

Liberal

Carolyn Bennett St. Paul's, ON

Mr. Speaker, the outrage of first nation leaders across this country is not only understandable, but justified. This paternalistic government refuses to listen to or partner with first nations. It has broken their trust on education, housing and water, on the tragic gaps in health outcomes, and with an insulting lack of consultation on the mountain of legislation it is imposing on first nations.

Attawapiskat Chief Theresa Spence expressed her frustration with a hunger strike here in Ottawa. Will the Minister of Aboriginal Affairs be meeting with Chief Spence?

Aboriginal Affairs
Oral Questions

2:40 p.m.

Kenora
Ontario

Conservative

Greg Rickford Parliamentary Secretary to the Minister of Aboriginal Affairs and Northern Development

Mr. Speaker, we have a strong desire to continue working in partnership with the first nation leadership to improve the quality of life in Attawapiskat.

In fact, by the end of this year we will have spent over $131 million in that community. We started the construction of a brand new school to benefit more than 500 students. We have built, delivered or renovated more than 60 homes and we remain committed to supporting this community. We urge the chief and council to accept our repeated offers to develop a long-term housing strategy.