Mr. Speaker, as the member knows full well, we have legislation in place that ensures that the best interests of Canada are protected in any such case.
His alarmist approach to concern about takeovers simply is not represented by the facts. There were in fact 660 deals in 2005-06 in which Canadian companies were taken over by foreigners. During the same time there were more, 790 deals, where it was Canadians taking over foreign companies.
We are part of a global economy. I know the NDP would like us to be a little island unto ourselves, but we are a trading nation. We are an international country. We are part of the world. We are doing well because of that. That is why we have got the strongest economy in Canadian history.