Mr. Speaker, the budget bill will allow more and more foreign takeovers of Canadian companies. The people of Sudbury are suffering the consequences of the Conservatives' inability to ensure that the agreements associated with such takeovers are honoured. When the government allowed the Swiss group Xstrata to take over Falconbridge, the deal was that there were to be no job losses for three years, yet nearly 700 people are unemployed.
How can anyone possibly hope that the government will protect jobs during future takeovers, if it cannot even protect the workers at Xstrata today?