Mr. Speaker, when commitments are taken under the Investment Canada Act, we ensure that they are respected.
Under the agreement last December, U.S. Steel must continue to produce steel in Canada, operate at Lake Erie and Hamilton until 2015, increase its capital expenditure into Canadian facilities up to $250 million by December 2015, and make $3 million in contributions toward community programs in Hamilton and at Inco.
This means jobs and this means continued economic activity. This is good news.