Mr. Speaker, let me tell you what foreign takeovers have meant to my community. U.S. Steel took over Stelco. The result? It shut down the blast furnace and now no steel is being made; 800 jobs were slashed; the remaining employees are being threatened with a lockout; and the workers who put the value into this company have been abandoned by both the foreign owners and the government.
Due diligence has to happen at the front end. Taking U.S. Steel to court after the fact did not save jobs and it did not save production. How is that a net benefit for Hamilton?