Mr. Speaker, I would like to thank my colleague for his comments.
I am not the only one who is concerned. Canadians are also concerned.
CNOOC is protected by Canadian investment laws. As a result, this company can increase its oil sands lease holdings.
And, it is not just a matter of oil sands. The people of Prince George—Peace River must also be concerned because we know that Nexen has shale gas lease holdings in northeastern British Columbia. So it is not just oil sands.
The Americans also have concerns about this with regard to the Gulf of Mexico. This could be complicated. The government has not been vigilant in the way it is dealing with this issue. Many things could come of this. Many bad things could come of this. Canadians are mainly concerned that their energy sovereignty and economic sovereignty will be threatened.