Madam Speaker, I thank my hon. colleague for his question and his work with the Standing Committee on Industry, Science and Technology, where we work well together. I am pleased to respond to the member for Windsor West's remarks about how the Investment Canada Act and national security intersect.
I would like to begin by emphasizing that foreign direct investment plays a major positive role in the Canadian economy by contributing to research development, boosting productivity, and creating better-paying jobs for Canadians. Foreign direct investment and trade go hand in hand and link Canada into global value chains. Canada is and must continue to be open to foreign investment that helps create long-term jobs for Canadians.
However, we will not jeopardize national security for any investment. The Investment Canada Act plays an important role in protecting Canadians from threats to national security. The act allows the government to examine investments made in Canada by foreign investors to limit the potential harm to national security.
This government's practice is clear and coherent. Last year, we published guidelines to ensure transparency in how we enforce the act. All foreign investments, regardless of value and investor, are subject to review in order to identify any possible concerns related to national security. This rigorous review involves several steps and is conducted by, and in consultation with, the government's national security agencies, including Public Safety Canada, the Royal Canadian Mounted Police, or RCMP, the Canadian Security Intelligence Service, as well as the Communications Security Establishment of Canada.
I can assure all Canadians that this government is taking its mandate very seriously, which is to protect national security. The hon. member for Windsor West raised the issue of a recent review of national security that received media coverage. The act limits the level of detail that can be disclosed on specific issues, and these limits are important to prevent causing commercial harm to Canadian companies and unduly compromising national security.
However, I can address this generally. Let's make something clear: this government has not cancelled a previous cabinet order. After more than a year of pending litigation challenging the legality of the previous order which, had it been overturned by the court, would have left no measures in place to protect national security, this government has consented to a court order allowing it to conduct another review in accordance with the act. The new review was conducted in collaboration with security agencies…