Mr. Mark Schaan at the Industry, Science and Technology Committee

On June 21st, 2023. See this statement in context.

June 21st, 2023 / 6 p.m.

Senior Assistant Deputy Minister, Strategy and Innovation Policy Sector, Department of Industry

It's two separate reviews.

Net benefit reviews, as the member has outlined, are subject to thresholds. The SOE threshold is based on asset sales and is currently set at $512 million.

National security reviews are separate. National security reviews happen on all investments and are separate. It's not if the minister so chooses. It is a function of the act.

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