Madam Speaker, I have seen the numbers and I listened to the finance minister state that Canada is leading the G7 in foreign direct investment.
I would turn my attention to domestic investment. I am not interested in having only foreign companies come into Canada to develop our economy. I want to build strong Canadian businesses and strong champions here at home. We have a lack of investment by Canadian companies in machinery, equipment, technology and innovation that has been lagging and dropping for many years.
That is one of the prime reasons Canada is not reaching its potential as an economy. We should be the wealthiest country in the world. We have everything in this country: land, minerals, oil and gas, food, a well-educated population and strong social supports. However, we are not reaching our potential. That is because of decades of poor economic decisions made by successive federal governments that failed to fully harness the potential that is here.