Mr. Speaker, there are news reports of a hostile takeover of BCE. BCE is one of Canada's oldest and largest corporations in Canada.
A foreign equity firm wants to snatch it up from underneath Canadians. The company that wants to do this, KKR, is so aggressive, an author entitled a book on KKR, Barbarians at the Gate.
I know the government is predisposed to actually selling off Canadian companies and New Democrats understand that the government feels an empathy to do so, but this is a loophole.
I want the Minister of Industry to guarantee right now that he will close this loophole and protect Canadian jobs and BCE.