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Finance committee  Well, there are perhaps some instances of that, but that's not a subject I'm very familiar with, so I would prefer not to comment.

May 30th, 2012Committee meeting

Philippe Bergevin

Finance committee  It is important to note that Canada is one of the few countries to systematically apply a test to any investment over the required minimum, which is $330 million at the moment. This is not about whether an investment is positive for the Canadian economy. It rather has to do with

May 30th, 2012Committee meeting

Philippe Bergevin

Finance committee  We are talking about national security and culture. There are many issues related to state-owned businesses. That raises questions as to their ultimate motive.

May 30th, 2012Committee meeting

Philippe Bergevin

Finance committee  Asking for securities against the promises made to the government sends a negative message to foreign investors. Clearly, this makes the promises more credible. The original question was not well put. Canada is one of the very few countries that ask companies to provide detailed

May 30th, 2012Committee meeting

Philippe Bergevin

Finance committee  I have a master's degree in economics from the HEC in Montreal. I have been a practising economist for about 10 years.

May 30th, 2012Committee meeting

Philippe Bergevin

Finance committee  By it's very nature, the act, as you know, is a bit opaque. It's very important for the public and potential investors to know the government's thinking on the act. Releasing information about a decision is probably the best way to communicate to investors the details of differen

May 30th, 2012Committee meeting

Philippe Bergevin

Finance committee  Thank you, Mr. Chair. Thank you for giving me the opportunity to appear before you today. My name is Philippe Bergevin. I am a senior analyst at the C.D. Howe Institute. My remarks will focus on a slightly different topic, at the committee's request. I have prepared some observa

May 30th, 2012Committee meeting

Philippe Bergevin