No, the approach with the Investment Canada Act has heightened my worries.
What we have to come to appreciate in this changed world is that these realms are first very technical, so they require expertise. Second, there's a linkage between IP management, research, trade agreements, foreign direct investment, tax treatments, competition strategies, privacy management and democracy protection. These forces crosscut and are very technical.
Canada has experienced a systemic erosion in its realms economically and non-economically in this digital era because of this inattention. These are links in a chain. They have to be looked at systemically. If you falter in scientific research, or in appropriately updating this act or appropriately seeing trade agreements as regulatory remote control agreements and not tangible trade facilitation, then that one weak link can be exploited. It can erode the work of every other piece of legislation. It's absolutely critical that we upgrade all systemic portions.
This is not a processing issue. This is a comprehension issue and we need an expert, systemic approach, or we will continue the erosion that we've been experiencing economically and non-economically over the past couple of decades.