Mr. Speaker, we are talking a lot about what is in the bill and what is not in the bill. One of the things that really caught my eye is this tiny piece in the bill that relates to foreign ownership when it comes to spectrum. The auction the government put out does nothing to address rural areas in Canada. Rural Canadians do not matter to the current government because it is continuing to ignore them when it comes to broadband and wireless technology.
What the government put in here was foreign ownership. A company can come in here and buy any one of our small new entrants as long as they are below 10%. If they are below that 10% they can buy them up, opening up companies like AT&T to come in and maybe buy this and take over. We have seen too many examples of this in the past. In my riding of Sudbury, we had Vale take over Inco.
Has the member considered this? What does he think the implications will be when we have more foreign ownership coming into our country?