Mr. Speaker, the Prime Minister simply does not understand the difference between the takeover of a Canadian company by a foreign company and the takeover of a Canadian resource by a foreign power.
It is not that CNOOC purchased Nexen. It is that the government of China now owns our national resources. Under the FIPA, they can buy whatever they want in the oil patch.
The Conservatives have sold us out. That is the tragedy of this deal. They have not respected Canada's right to control its own resources.