Mr. Speaker, foreign direct investment in Canada this year was $433.8 billion. That is nearly half a trillion dollars.
In fact, foreign investment in Canada is increasing. By the end of the second quarter of this year, foreign direct investment in Canada had increased by $7.5 billion. This is an enormous part of our economy. It is why these tax treaties facilitating this kind of investment and international cross-investment are so important to our country and to the international marketplace.