Mr. Speaker, when we look at this deal we recognize that the business sector and Canadian workers and communities need some certainty when it comes to foreign takeovers. In spite of previous promises to clarify the net benefit test and make the review process more transparent, where have the Conservatives been? They have been on the side of secrecy and not transparency.
On a flight last week a corporate lawyer who was sitting beside me told me that the problem was that the Investment Canada Act was not clear and that lawyers needed to know what the true definition of net benefit was, so that they could work with their partners better to see if a deal was worth going for.
The member mentioned why the issue needs to go to committee, but does the member not agree that there need to be public hearings to allow this lawyer and businesses a better say as to what should be in the Investment Canada Act and how it could maybe be changed to make sure that their business partners are on the right track?