Madam Speaker, I would like to thank my hon. colleague for his work on this important issue.
These sanctions are an opportunity for Liberal democracies to work more closely together, for their governments to work more closely together and for their elected legislatures to work more closely together to counter these threats.
The European Parliament's decision to freeze the investment treaty with China several weeks ago and the Australian government's decision several weeks ago to cancel two belt and road agreements with China are indicative of this, and I would encourage the government to use these sanctions as an opportunity to suspend payments to the China-led Asian Infrastructure Investment Bank and to withdraw Canada as a member from that bank.