Mr. Speaker, chapter 11 is there because, as an investor state in foreign markets, when we get involved in those situations we are required to protect the interests of Canadian investors. Very simply, whether or not chapter 11 exists in those agreements does not affect whether or not a multinational or another foreign jurisdiction can start a law suit. Contract law is not affected by chapter 11. It is available to all at all times.
In the House of Commons on May 1st, 2001. See this statement in context.