With regard to Industry Canada’s Investment Review Division: (a) what is the total staff complement for assessing the net benefit to Canada of foreign acquisitions of Canadian companies; (b) how many positions are there and what are the job titles; (c) what were the net annual administrative costs for fiscal years 2006-2007, 2007-2008, 2008-2009 and 2009-2010; (d) what are the projected administrative costs for 2010-2011; (e) what criteria are used to assess the net benefit to Canadians in a foreign takeover; (f) what criteria are used to assess the effect of a foreign takeover on the local community; and (g) under what circumstances would the Minister allow an extension to the maximum 45 days for initial review?
In the House of Commons on September 20th, 2010. See this statement in context.