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Industry committee They would. They would allow the minister to review that investment and, if the process unfolded that way, to conduct a national security review. The specific enforcement measures that the act allows for could then be deployed.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee It is a positive step forward in terms of strengthening the national security review process as it relates to a variety of types of investments, including the example you mentioned.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee If I understand the question, I think the bill is an important step forward. I think it tries to do a good job of balancing the concerns about advanced technology with the need to continue the investments so we have the ability to develop technology in Canada and then protect it.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee I would like to add one point.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee I think there's an opportunity for a feedback loop in how the list is updated and how often it's updated. I think the idea of having greater transparency through supplements to the annual report regarding how many of the sectors that have been identified are actually leading to extended reviews or national security concerns, and having that disclosed in at least an aggregated way, provides further information that can help to keep the list updated.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee I think there is always a challenge in government and in oversight in keeping up with the pace of technology. I think that is a fair statement and a fair issue that has to be confronted. I think that at an overall level there is the ability to try to keep the list updated. I agree with Mr.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee Yes. It's the same.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee I also don't recall, and want to emphasize that I am here as an individual—
May 15th, 2023Committee meeting
Navin Joneja
Industry committee Yes.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee Yes, it's a wide range.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee Yes. It's the same for me as well.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee The Middle East—
May 15th, 2023Committee meeting
Navin Joneja
Industry committee One was Kuwait, in the Middle East.
May 15th, 2023Committee meeting
Navin Joneja
Industry committee I don't recall any other state-owned foreign government ones.
May 15th, 2023Committee meeting
Navin Joneja
May 15th, 2023Committee meeting
Navin Joneja