Mr. Speaker, we recently learned that Cineplex-Odeon, which belongs to the Bronfman trust and to MCA, proposed to merge with Cinemark, an American company, to create a North American mega movie theatre company called Cineplex International. According to the Globe and Mail , if the transaction is completed, Americans will have a 42.6 per cent interest in Cineplex International, while the Bronfman/MCA group will hold 38 per cent of the shares of that company.
Considering that such a transaction would put Cineplex-Odeon under American control, will the Minister of Canadian Heritage tell us if he expressed his strong disagreement to Cineplex-Odeon's president, Mr. Karp, who happens to be the person who invited the minister to Los Angeles, given the impact of such a merger on the control of Cineplex-Odeon movie theatres by the American majors?