Mr. Speaker, foreign investments are a major economic driver for Canada. That is why the minister approved the application by Lowe's to acquire RONA.
Lowe's made firm commitments to Canada. These commitments are legally binding, including those to set up the headquarters of its Canadian companies in Boucherville, to keep Canadians in senior management positions, and to maintain a high level of jobs in its businesses in Canada. It is a good deal.