Mr. Speaker, the simple fact of the matter is that this deal was good for Canada. Canadians can be reassured that we followed the Investment Canada Act process and carried out its required due diligence. We examined the case on its own merits and approved the acquisition because it is of net economic benefit to Canada.
Jobs will be maintained. None of the existing residences will be closed or repurposed, and financial resources will be available for expansion. This means more seniors living in high-quality health care facilities in Canada and more jobs in Canada. There is a net benefit to Canada here.