Mr. Speaker, our government is open to investments that create jobs, growth, and long-term prosperity for Canadians. The application by Cedar Tree to acquire Retirement Concepts has been approved under the Investment Canada Act precisely because the investment will result in a net economic benefit to Canada.
As a result of this review, Cedar Tree has agreed to maintain full and part-time jobs at the institution. That is good for seniors, that is good for the economy, and it is good for Canada.