Madam Speaker, I would like to thank my colleague from South Shore—St. Margarets for his speech and for the work that he does on the Standing Committee on Industry and Technology. His colleague from Calgary Nose Hill got us thinking about the Investment Canada Act two years ago. My colleague from Windsor West remembers it well.
One of the recommendations that was made, which was mainly ignored by the government, sought for more transparency from the minister when making decisions under the Investment Canada Act.
I would like him to tell us whether such transparency is necessary when it comes to this act. What are the conditions being imposed on businesses in terms of investments in particular?
I remember when Rona was sold to Lowe's. The minister never disclosed the conditions. Today, Lowe's is no longer around and we have not seen any investments. The government did not do anything to protect our head offices.
What can be done to protect our head offices other than hoping for more transparency from the minister about what he is doing? Is the member in favour of more transparency?