Mr. Speaker, the acquisition of an interest in Bell Canada is what the member is commenting on. As she well knows, there are foreign investment limits in our telecommunications sector. We are not proposing to change those.
The growth that is happening in the telecommunications business is increasingly North America-wide. We should be looking at the job and growth opportunities that will exist for our companies as they expand into the U.S. market. I remind the hon. member of some important high tech acquisitions that have occurred going the other direction, Nortel's acquisition of Bay Networks for example.