Mr. Speaker, I enjoyed listening to the remarks by the member for Don Valley West. I think he is a very serious member of the House. However, I do have a concern. He said a couple of times that we are open for business and that we welcome foreign investment. That is fine on the surface, but on the other side of that, is Canada up for sale?
I watched the Prime Minister's remarks on Friday night, and they did not reassure me a whole lot. They reassured shareholders. Shareholders are looking for a quick gain. They are not looking at the long-term future. They are going to take their profit and then they may run.
We have corporations in Canada sitting on over $500 billion in cash, not investing it in this country, and yet we are trying to draw foreign investment in. I am not against foreign investment.
What I need to know from the member for Don Valley West, who seems to have a fair bit of detail on this announcement, is whether we have reciprocity with China in terms of this agreement. That is a key point. Did we get reciprocity with China in terms of our investing in their country under the same terms and conditions as CNOOC is allowed to invest in the oil sands?