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Foreign Affairs committee  I would just add that we have the investment Canada process, and it can always be tweaked. Certainly when CNOOC acquired Nexen it was required to commit to a number of undertakings, which it may or may not have done. Things are little hard to enforce sometimes after the fact. I

April 17th, 2018Committee meeting

Hugh Stephens

Foreign Affairs committee  May I add briefly?

April 17th, 2018Committee meeting

Hugh Stephens

Foreign Affairs committee  I think there are pros and cons on the Aecon side, and the government will be looking at whether there are, in fact, legitimate security concerns to block this. I personally feel that some of the opposition has been raised by companies that don't want to see the increased competi

April 17th, 2018Committee meeting

Hugh Stephens

Foreign Affairs committee  Yes, clearly we share a lot of values and a common heritage with Australia, so I think there are clearly areas we can work on in terms of governance. On the business side, we tend to forget that we are direct competitors with Australia, that bilateral Australian-Canadian trade c

April 17th, 2018Committee meeting

Hugh Stephens

Foreign Affairs committee  I know there's a lot of concern among some parties here about the presence of state-owned enterprises and state-owned investments in Canada. It's clear that state-owned enterprises are not exactly like other Western companies and, as you point out, there has been a growing tighte

April 17th, 2018Committee meeting

Hugh Stephens

Foreign Affairs committee  Yes, this is Hugh Stephens in Victoria. I can hear you loud and clear.

April 17th, 2018Committee meeting

Hugh Stephens

Foreign Affairs committee  Thank you. Good afternoon, committee members. My name is Hugh Stephens, as you know, and I would like to thank the committee for this opportunity to discuss the important issue of deepening Canada's engagement in Asia. First, I'll say a brief word about my own background. I s

April 17th, 2018Committee meeting

Hugh Stephens