Discussion · Government Orders
Melissa Lantsman Conservative
“Almost half of these deals are company mergers and buyouts. They do not create new factories, research centres, or jobs. I want the minister to explain to Canadians what they actually do.”
“Mr. Chair, I will answer the question for the minister, since he does not want to. The answer is 45%, nearly half. Can the minister explain to Canadians, as the finance minister, what a merger and acquisition actually means in that context? It does not mean a new factory. People at home will know that. It does not mean a new research centre, and it does not mean a new job. What does it mean?”
Official Hansard
Mr. Chair, I will answer the question for the minister, since he does not want to. The answer is 45%, nearly half. Can the minister explain to Canadians, as the finance minister, what a merger and acquisition actually means in that context? It does not mean a new factory. People at home will know that. It does not mean a new research centre, and it does not mean a new job. What does it mean?