Mr. Speaker, the lesson from potash is the government has to wake up and do a proper job of evaluating foreign investments in our country. One cannot do that in secret. That is the fundamental problem.
The government's approach to foreign takeovers is a tragic joke that makes Canada a sitting duck for any of these multinational operators to come in, because they know a sucker when they see one.
When will the government strengthen the Investment Canada Act to include public hearings, transparent decision making and real penalties whenever takeover artists fail to deliver?