I'm going to keep my response brief to say that an hour and a half does not do justice to the proposed amendments to the Investment Canada Act. There are still a number of questions that need to be considered regarding the drafting of the provisions, including the scope of the definition of “state-owned enterprise” and the potential retroactive application of the control-in-fact test.
On those two bases alone, I think this committee should consider further study of the changes to the Investment Canada Act. That would be my recommendation.