Mr. Speaker, if he wants to refer to foreigners as nasty, I would not call them that and never did. I would call them very enterprising. Why would one not pick up a Canadian company for a song? With our low dollar, why not? It is an easy deal. I would do the same thing if I had the opportunity.
However, if he firmly believes that we cannot do anything about oil and gas prices and if he is going to blame the oil companies for the rapid rises, then why does he not reduce the prices on taxation of the fuel right now? Why does he not regulate the industry within the country in the way that P.E.I. does? P.E.I. has a regulatory framework on its fuel prices and its gas is almost a dime cheaper than in Nova Scotia. Why does he not do that?
Second, he talked about the corporate control. I know that the parliamentary secretary is an honourable man and one of the most intelligent people on the government side. However, how much has foreign ownership gone up since 1993 when the government took office? I think he would be astounded by the statistic of exactly how much foreign ownership has increased since the Liberals took power.