Great. Thank you. That's good information. Thank you for clarifying that.
This committee studied the Investment Canada Act and potential changes back in the summer of 2021, and it submitted a report with recommendations to Parliament. One recommendation was:
That the Government of Canada introduce legislation amending the Investment Canada Act to reduce the current valuation threshold for prospective acquisition of control by either state-owned or state-controlled enterprises to zero, so that every transaction triggers a review, including a net benefit test and a national security test.
From a security standpoint, should the federal government have implemented such a recommendation?