Discussion · Government Orders
Fred Davies Conservative
“When the government picks winners and losers, businesses take their money elsewhere. The broadcast regulator does not understand how business or investment works. How will this proposal hurt investment in Canadian culture?”
“Mr. Speaker, I want to thank my colleague for that thoughtful presentation. She knows full well that when governments pick winners and losers, capital flees. Capital flows to where certainty exists. In this regime, under this proposal, there is no certainty. The CRTC is oblivious to economics, trade or capital flow. Can the hon. member tell me how she thinks the decision can negatively impact investment in Canadian production and Canadian culture?”
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Question or comment in debate
Respect 75 of 100
This statement targeted a person rather than their actions or views: “She knows full well”.
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Mr. Speaker, I want to thank my colleague for that thoughtful presentation. She knows full well that when governments pick winners and losers, capital flees. Capital flows to where certainty exists. In this regime, under this proposal, there is no certainty. The CRTC is oblivious to economics, trade or capital flow. Can the hon. member tell me how she thinks the decision can negatively impact investment in Canadian production and Canadian culture?