Mr. Speaker, I thank my colleague from Battle River—Crowfoot.
I would not go so far as to say that the oil in Alberta is ethical, but that is a debate for another day.
I would like to talk about something that floored me. Members will remember the airplane that departed China and was diverted by the U.S. government. This plane was carrying PPE and medical supplies that hospitals across Quebec and Canada desperately needed. I do not know how much it cost or how the federal government negotiated to try to bring those supplies back to Canada, but this situation goes to show just how vulnerable we are. I also do not know how much the government's vaccine portfolio cost, since Canada and Quebec were unable to manufacture their own vaccines.
Having an economy of business owners and economic nationalism means not being reliant on foreign takeovers or foreign economies. It means not being caught up in bidding wars with other countries and their needs. A mask can cost us four or five times more because demand is very high.
In theory, a G7 country with a strong economy should be able to produce its own equipment. That is what COVID-19 laid bare and what the Investment Canada Act can also demonstrate.
We almost lost our flagship businesses, whether it was Air Transat or Air Canada. When Air Transat was for sale, had the shareholders received an interesting offer from a foreign country that was ready to invest a little more money because the company was vulnerable, we might have lost out. In the end, who would be the losers? That would be the consumers, the citizens of Quebec and Canada.