Mr. Chair, I would note two important factors. One is that the wide definition and the standardized definition of SOE currently within the act allow for a consideration of a number of questions of importance that the member has raised under the existing definition of state-owned enterprise as a function of the act, and thereby allow the minister the capacity to be able to consider that.
With respect to a decision post, let's imagine that all factors have been protectively assuaged and appropriately mitigated to allow for an investment to continue. Not this provision, but other provisions that the committee will hear about today include the capacity for binding undertakings under the national security provisions of the act. Undertakings have been routinely used under the act to ensure that a number of factors of import are actually brought to bear, including the Canadian makeup of a board and the Canadian makeup of a management team.
The investments require a number of those elements that I think underscore what is at the heart of the comments I heard, which is that there needs to be a binding mechanism by which the investment can be held to account. We believe that is the case under the undertaking provisions that now exist under the net benefit clauses and that will now apply, should Bill C-34 pass, under the national security provisions of the act.