Madam Speaker, I would like to begin my remarks this afternoon by suggesting that this is the first time we have had a chance to debate this issue in the House of Commons.
After more than a year of negotiations on a deal that will profoundly impact on the lives of every Canadian citizen, this is the first chance we have had to say anything other than raise the issue in question period from time to time.
As someone indicated, the MAI is about who will make decisions for the future generations of Canadians. Will it be duly elected governments at the local, regional, provincial and federal levels, or will it be large corporations?
I remind the House that Mitsubishi is bigger than the country of Indonesia in terms of size. Philip Morris is bigger than New Zealand. Wal-Mart is bigger than Poland, Israel and Greece. In my judgment and in the judgment of my party, if the MAI is passed and accepted by the government, it will mean that we will be turning over the sovereignty of our country to the whims of large multinational corporations.
When the question was put to my friends in the Reform Party about whether they thought it was a good idea, the spokesperson from Peace River said he thought it was. On behalf of the New Democratic Party, we think this is bad. For that reason it is fair to say we are the only political party in the House of Commons that is clearly on record as opposing the MAI.
The Liberal Party supports it. It has been the enthusiastic cheerleader since day one. Some people would say that Canada actually initiated the original discussions in the OECD to begin the MAI process.
The Conservatives have been enthusiastic NAFTA supports and FTA supporters. They support the MAI. Bloc members support the MAI. They are enthusiastic NAFTA supporters. My friends in the Reform Party have indicated that they enthusiastically support the MAI.
We do not support it and I will say why. Fundamentally we do not want to throw away our sovereignty, but it has almost become a mantra in the country—and we heard it again today—that $1 billion in foreign direct investment will create 45,000 jobs. All cabinet ministers have this text in their hip pockets which they pull out and read during every speech.
That may be true, but when they look at what happens to foreign investment in Canada a very interesting picture unfolds. In 1997 the total of new foreign investment in Canada was $21.2 billion. If this is true, at first glance we ought to have no unemployment at all. The reality, however, is quite different.
What percentage of $21.2 billion of foreign investment in Canada in 1997 was for new business investment and what percentage was for the takeover of existing Canadian companies?
In 1997, 97.5% of the $21.2 billion went for acquisitions and a meagre 2.5% went to new foreign investment. For all intents and purposes we can say that virtually all foreign investment in 1997 was not to open up a new mine, a new business, a new mill or a new manufacturing plant. It was to buy up an existing one with no net gain in jobs, no net gain in R and D, and no net gain in community benefits. Virtually 100% of the foreign investment last year was simply foreign companies coming in and buying existing ones. The notion that foreign investment will create jobs is an absolute mythology.
For the past three years, at the urging of its corporate backers, the Liberal government has been negotiating a deal to secure a brand new charter of rights for investors behind the closed doors of the OECD in Paris.
Until very recently Canadians could not find out what this negotiated deal was all about. They could not find out what our negotiators were negotiating. They could not get a text. It was only when the Council of Canadians leaked a text that it became a quasi-public document. Later the government was embarrassed enough to have to generate a copy that it was working on in its negotiations.
If the government really believed its rhetoric and that the MAI was a good deal for Canada, would it not want to be telling Canadians what it was doing? Would it not want to inform Canadians about the deal? Would it not want to tell Canadians the main essence of the negotiated deal in the best interest of Canada?
If the government wanted to do that it could send an abbreviated copy or an executive copy of the entire copy to virtually every household in Canada. The government has the ability to do that at the snap of a finger.
My feeling is that the government does not want Canadians to know what it is negotiating. Let us be reminded that whenever Canadians had a chance to vote on NAFTA they voted against NAFTA. They voted against free trade with the United States and Mexico. The government imposed it anyway, but that is another story.
The government knows that if Canadians knew the essence of the agreement they would vote against it. To this day I have not heard a single Canadian stand to say they think the MAI is a great deal. I have heard hundreds of people say it is a bad deal.
I recognize the incredible work of my colleagues in the New Democratic Party over the last few months, criss-crossing the country, holding public meetings and speaking wherever they could to try to inform people about the MAI because the government refused to do so. Somebody had to tell the country about the MAI and we have taken that up.
I am surprised that my friends in the Reform Party are even mentioning the whole issue today. Back in April of last year it started to be raised in the House of Commons by the New Democrats. I was one of the questioners. A number of my colleagues were asking questions about the MAI. They asked about the implications for Canadian sovereignty, Canadian culture, Canadian labour standards, environmental standards and working conditions. We raised these questions day after day.
Along comes the election and my leader tried time and time again to get it on the political agenda of that campaign. Many of our candidates tried to get it on the political agenda, but the Liberals did not even want to talk about it. The Reform Party candidate in Kamloops said that he had never heard of the MAI. He thought is was something like missing in action, something to do with Vietnam. The Tories did not dare say anything about it.
The most critical deal that will influence the lives of generations of Canadian was not even mentioned by Liberal candidates or the Prime Minister during the election campaign. That is shocking.
As soon as we got back here, what political party was up in the House of Commons asking to hear more about the MAI, asking for public hearings and an emergency debate in the House of Commons? Every time we were turned down, not only by the government but by the other political parties. The Conservatives, the Bloc and the Reform Party did not want a debate on the issue in the House of Commons. They voted it down. I could go on.
In 1997 the MAI was mentioned on 20 days in the House of Commons. It was raised in question period because the government did not permit any debate on it. There was a debate in the British Columbia legislature on the MAI. I think it was the only province to do that. As a matter of fact it is clearly on record as opposing the MAI.
The NDP in the Yukon Territory as well passed a resolution in the legislature against the MAI. The NDP representative in Prince Edward Island put a motion on the floor of the legislature to oppose the MAI at least until public hearings across Canada were held, and it passed unanimously.