Thank you very much, Mr. Chair.
I would like to thank our guests for staying a little longer and taking the time to answer our questions.
My question is for Mr. Knubley. In fact, I would like to ask him the same question that was put to the minister.
Division 6 of Bill C-60 makes quite significant amendments to the Investment Canada Act.
Fewer and fewer transactions will be covered by the Investment Canada Act. Has Industry Canada studied the impact that this might have on the Canadian economy? Does it intend to conduct studies on the subject and to examine those consequences in greater detail?
There was a kind of uproar over the CNOOC-Nexen transaction. The issue was whether it was a good thing for Canada. At the Prime Minister's press conference, we suddenly saw that the rules would be changed. We seem to be operating on a somewhat piecemeal basis.
Does the government really intend to determine the consequences of the fact that fewer transactions would be examined under the Investment Canada Act?