Mr. Speaker, the China-Canada foreign investment promotion and protection act is a badly negotiated agreement that binds Canadian law to Chinese law for the next 31 years.
Last night in a coalition of old-line parties, Conservatives and Liberals joined together to defeat the NDP's motion on the FIPA. These parties refused to formally abandon a flawed agreement that is clearly not in Canada's best interests.
Do any Conservative or Liberal MPs think that a Canadian company going up against a state-owned Chinese company would receive fair and equal treatment in a Chinese court?
Under this agreement, Chinese companies would also gain new rights to buy up Canadian resource industries, undermining provincial rights to control natural resources, and yet Conservatives and their allies in other parties are fine with this. Canadians deserve better, and in 2015 they will have a chance to vote for real change.