Mr. Speaker, the hon. member and I have worked together for a number of years on the industry committee and this file has come up, off and on, at different times. With the issue over China Minmetals and the state of China, for example, we have to come to grips with the reality that they believe there is some free market society out there that floats around on its own. But it is not real when we have the fact that state-owned companies, backed by governments, can actually bring in capital and can undercut our own private sector businesses that are competing. We have to look at these in terms of national significance and strategies.
What is interesting is that during this timeframe of the Investment Canada Act and the sellout, we also sold shares of Petro-Canada, actually taking a bath on them because six months later they were worth a lot more than when we sold them. We could not own even part of Petro-Canada. We had to sell that off, versus it being okay for the Chinese people to be able to own the natural resources of Canada. It is wrong. We need to start looking at some of those resources strategically. Potash is one of those. Potash is critical for food supply and food management. That is why it needs to be controlled by Canadians. That is why we should keep it. It is the last bastion and we should make sure we do not lose it.