Discussion · Government Orders
Melissa Lantsman Conservative
“The minister celebrates foreign investment in Canada, but not all of it is good. How much foreign investment over the last ten years was just foreign companies buying Canadian companies?”
“Mr. Chair, I can see that the minister does not want to admit it or answer my question, so I will talk about foreign direct investment. The minister frequently celebrates Canada’s foreign direct investment numbers, but he knows, as finance minister, that all of those numbers are not created equal. Can he tell the House what share of Canada’s inbound foreign direct investment over the last decade came from mergers and acquisitions, from foreign firms buying Canadian firms?”
Official Hansard
Mr. Chair, I can see that the minister does not want to admit it or answer my question, so I will talk about foreign direct investment. The minister frequently celebrates Canada’s foreign direct investment numbers, but he knows, as finance minister, that all of those numbers are not created equal. Can he tell the House what share of Canada’s inbound foreign direct investment over the last decade came from mergers and acquisitions, from foreign firms buying Canadian firms?