Mr. Speaker, I appreciate the hon. member's question, but we do not see eye to eye. I only approve a request when the foreign investor has proven that the transaction will mean a clear advantage for Canada. Rio Tinto promised certain things, such as setting up its head office in Montreal and investing in real estate—$2 billion, to be exact—in the Saguenay region. The acquisition will bring about benefits for Canada.
In the House of Commons on October 22nd, 2007. See this statement in context.