Madam Speaker, I commend the member for London—Fanshawe for bringing this issue before the House today. The motion is a good one. The principle behind it is well founded.
The Liberal Party is concerned about what has happened at Electro-Motive Diesel. This, as well as what has happened at Papier White Birch in Quebec City, has certainly been mentioned in question period in recent weeks.
When we think about the rules we should have in place on foreign ownership, it is incumbent upon us to think about what we might see in response from other countries as well as the value and importance of investment by Canadian companies overseas.
As the government wants to change the pension system in very negative ways, it seems that more and more it expects Canadians to rely on investments in private markets for their retirement income. In view of that, and of the fact that many Canadians do have investments, whether it be bonds or stocks in Canadian companies that invest elsewhere, how does the member see the importance of that kind of foreign investment from Canada?