Madam Speaker, I listened intently to my colleague's speech. He had a lot to say about China, and rightly so, in my opinion. I think we should all be concerned about China's actions and its investments, which do not always comply with our laws.
However, not all investment is from China. Many other countries invest. Under the Investment Canada Act, which is what we are debating today, when a major investment is made in Canada, the minister has to review it and determine whether it is of net benefit to Canada. There are both national security and net benefit to Canada considerations.
In 2021-22, over 1,200 notifications of investment were received, which is a lot. Only eight of those—less than 1%—were reviewed. The government has a rose-coloured view of the situation and is not doing its job.
What are my colleague's thoughts on that?