Discussion · Government Orders

Dan Muys Conservative

“This bill does not set clear rules. Instead, it gives the minister too much power to make decisions. Without clear rules, businesses will not invest in our space industry.”
Official Hansard

Mr. Speaker, my colleague talks about transforming the great potential of the space economy into action. One of the things that we as Conservatives believe is that this bill has massive, gaping holes, in terms of no regulatory framework. It is certainly a blank cheque to the minister to make decisions. That lack of regulatory certainty is going to drive private sector investment in the space economy away. How do we attract private sector investment when there is no certainty? The private sector needs regulatory certainty in order to invest. Would the member care to comment on that?

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