Natural Resources committee  The ultimate controller is Mr. Jackson Wijaya.

Natural Resources committee  I can confirm that investments under the Investment Canada Act require us to understand the beneficial owner and the ultimate controller of the firm.

Natural Resources committee  I'm not in a position to disclose that information. That is subject to the confidentiality provisions of the Investment Canada Act.

Natural Resources committee  I can simply confirm that a national security review of this transaction was conducted—

Natural Resources committee  As my colleague said, the information about the ownership structure of that company is subject to the confidentiality provisions of the act.

Natural Resources committee  Yes, Jackson Wijaya is the owner of Paper Excellence.

Natural Resources committee  As I said, the application form under the Investment Canada Act is complex. The owner must indicate the beneficial owner, and the organization has confirmed that the beneficial owner of Paper Excellence is Jackson Wijaya.

Natural Resources committee  I cannot confirm or deny the existence of a particular document. I can say that in every transaction we understand the ownership structure as well as the relative financial positions of the companies that are making investments through the Investment Canada Act. I think it would be speculation for us to comment on whether or not a particular affirmation document exists in this case.

Natural Resources committee  —all of that is subject to the—

Natural Resources committee  In fact, no, and that's on purpose. The intention is to allow the ICA to be able to contemplate the national security considerations of all transactions, regardless of value, because some of those transactions, while potentially not necessarily high in value, may actually have very significant national security considerations.

Natural Resources committee  That's correct. It's worth noting that all of those investment transactions are subject to national security, recognizing that there's a multi-stage process that can play out that could last as long as 200 days. It's often thought that there has either been or not been a national security review when, in fact, there has always been a national security review.

Natural Resources committee  I'll turn to my colleague for that.

Natural Resources committee  That's correct.

Natural Resources committee  The advice of the Minister of Public Safety on the Investment Canada Act is subject to confidentiality provisions.

Natural Resources committee  No. They're an indirect transaction. Maybe, just for ease, essentially when a Canadian asset is first acquired.... Let's imagine we have a Canadian company that has Canadian assets. The first time a foreign transaction occurs, that is subject to a net benefit review. That company and that transaction proceed, and then there's a subsequent acquisition down the road, where Canadian company A, with Canadian forest pulp and paper assets, gets bought by American company B.