Mr. Speaker, in the event there is an application under the Investment Canada Act, there will be a full and complete review of any proposed deal.
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Industry October 29th, 2004
Mr. Speaker, in the event there is an application under the Investment Canada Act, there will be a full and complete review of any proposed deal.
Aerospace Industry October 29th, 2004
Mr. Speaker, I am working with my ministerial counterparts in the provinces of Quebec and Ontario, as well as the industry. We are working directly with Bombardier. We have not missed any deadlines. We will continue to ensure that we build a strong competitive aerospace industry in this country.
Aerospace Industry October 29th, 2004
Mr. Speaker, I am glad to hear that the hon. member does support going forward, on an accelerated basis, with an aerospace strategy for all of Canada. This is more than just Bombardier. It is about a whole industry, a whole sector, and we intend to ensure that the aerospace sector remains one of the leading sectors in the Canadian economy.
Industry October 29th, 2004
Mr. Speaker, I have a hunch that the Foreign Investment Review Act was repealed in 1985 and the act the hon. member is referring to is the Investment Canada Act.
This is all hypothetical. There are an infinite number of hypothetical questions about who might take over whom in Canada.
We will undertake to ensure that reviews are comprehensive. If the industry committee or other parliamentarians have views, we would be very happy to include those views where they are helpful to the cause of Canadians on this file.
Industry October 29th, 2004
Mr. Speaker, I am aware of the story. I read the story myself.
In the event, and it is hypothetical at this stage, that we do get an application by Minmetals to take over Noranda, we will review it from all perspectives.
We will ensure that the interests of Canada are protected, short term and long term, and that Canada's record of protecting and promoting human rights remains unassailable.
Commercial Bankruptcies October 27th, 2004
Mr. Speaker, I am delighted that the hon. member understands how important bankruptcy laws are to the transformation of the Canadian economy and to achieve a high level of competitiveness. They play a very important role.
We are reviewing those laws and we will be paying close attention to the rights of workers and making sure that there is the right balance between the rights of workers in the CCAA and bankruptcy action and those of other creditors.
Industry October 22nd, 2004
Mr. Speaker, the answer is Canada.
Industry October 22nd, 2004
Mr. Speaker, the Prime Minister and I have discussed this issue and we completely agree that it is a complex issue. There are a number of considerations that have to be considered. We will make a thoughtful, information-based decision. We will look at the short and long term implications and we will look at a lot of the broader policy issues that surround this. We will deal with it in due course.
Science and Technology October 22nd, 2004
Mr. Speaker, the Canadian light source synchrotron is a tremendous new addition to Canada's high technology asset base. For me, what is profoundly important about this new development is that it is not in a city or an agglomeration area of three to five million people. It is in Saskatoon, Saskatchewan. That is a tremendous comment on the way the government is ensuring that the science and technology economy is spreading to all areas of Canada.
Gasoline Prices October 22nd, 2004
Mr. Speaker, I am not stubborn at all. I like to have information and then make sound, reasonable, thoughtful decisions. At this point, we do not have the information that would justify revisiting that issue.