Evidence of meeting #24 for Industry, Science and Technology in the 43rd Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was review.
A recording is available from Parliament.
12:55 p.m.
Liberal
Ali Ehsassi Liberal Willowdale, ON
Thank you for that, Mr. Krane.
Mr. Wakil, could you also comment on what, for lack of a better word, we could refer to as a regime that has pre-emptive notification? What are your thoughts on that?
12:55 p.m.
Partner, Torys LLP, As an Individual
I agree. It would be desirable to explore whether or not we should move to a mandatory preclosing notification regime. I think we'd have to think carefully about how we implement that to make sure there is no unfairness for different types of investors.
For example, if there's a mandatory regime just for state-owned enterprises, but a non-mandatory regime for not state-owned enterprises, could that deter beneficial state-owned enterprise investment in Canada? At the same time, if there is an identified list of technology or of businesses that would be subject to a mandatory preclosing notification regime, if that were sufficiently clear so that everybody knows the rules apply to them, I think it is definitely worth exploring, but there are issues that we have to think carefully about.
1 p.m.
Liberal
The Chair Liberal Sherry Romanado
Thank you very much. That is our time for today.
I'd like to thank the witnesses for being with us today and, of course, our clerk, our analysts, IT and our interpreters. Thank you so much for your assistance again today.
With that, I call this meeting adjourned.