Foreign Investment

During question period, members debated foreign investment in Canada. Conservatives said more money is leaving the country than coming in, citing figures of $17 billion in the first quarter and over $1 trillion since 2015, and argued taxes, red tape and Liberal policies were driving investors away, pointing to the Prime Minister’s own investments in the United States and asking when barriers would be cut. Liberal ministers replied that foreign direct investment is near 20-year highs, citing $97 billion last year, a Saab-Bombardier partnership creating 3,000 jobs, and billions invested in mines and projects, and said Canada is a top destination for investment in the G7.Written by AI from the debate. Updated .

Official text (opens in a new tab)

6 statements

Maninder Sidhu, Minister of International Trade

Liberal
“Foreign investment in Canada is near a 20-year high. Last year, outside companies invested $97 billion here. This money pays for major projects, like Airbus planes in Quebec, and supports thousands of jobs.”
  • Government answer in Question Period

    Relevance 100 of 100

    Of this answer, 100% addressed the question that was asked.

    See full analysis
Official Hansard

Mr. Speaker, investments coming into Canada are at record levels, actually close to 20-year highs. Last year alone, there was $97 billion of foreign direct investment into Canada. That is more major projects being built. That is major, big aircraft being built here in Canada. Airbus has a current deal with Mirabel. That is 150 Airbus aircraft, sold for over $15 billion, supporting 30,000 workers. That is $97 billion into our country. Building big projects is what Canada is going to do.

Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions

Liberal
“A Swedish company and a Canadian company are working together to build military surveillance planes. This will create 3,000 jobs across the country.”
  • Government answer in Question Period

    Relevance 100 of 100

    Of this answer, 100% addressed the question that was asked.

    See full analysis
Official Hansard

Mr. Speaker, I would like to share good news, which is important, in order to make the point that my colleague is missing right now. Yesterday, we were able to announce 3,000 new jobs across the country. Why? It is because Saab, a Swedish company, decided to work with Bombardier, a Canadian company, and deliver, for the first time, a surveillance plane, and that will bring Canada back into military aerospace. Our defence industrial strategy will create jobs across the country, in every single province represented here in the House of Commons chamber.

Tim Hodgson, Minister of Energy and Natural Resources

Liberal
“Big companies and First Nations are investing billions of dollars in Canada. We are building the country this way.”
Official Hansard

Mr. Speaker, if they did not spend so much time working on their clips, they might see people like the CEO of Shell, who just invested $20 billion in this country. They might see Chief Clayton of the Nisga’a Nation, who yesterday said she is looking forward to “manag[ing] prosperity” instead of “managing poverty”. That is how we are building Canada.

Tim Hodgson, Minister of Energy and Natural Resources

Liberal
“We are investing billions of dollars in new mines in places like Dease Lake and Nunavut. The opposition is ignoring these real investments.”
  • Government answer in Question Period

    Relevance 31 of 100

    None of this answer addressed the specific question that was asked.

    See full analysis
Official Hansard

Mr. Speaker, we could go on and on. Why does the member not come to Dease Lake, where we are investing billions in a new mine? Why does he not go to Nunavut and see where we have invested $4 billion in a new mine in Nunavut? They are so busy working on their clips, they are not actually seeing what is happening in this country.

Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions

Liberal
“Canada leads the G7 in foreign investment. For example, a Swedish company and a Canadian company just partnered to build military planes here, which will create 3,000 jobs.”
  • Government answer in Question Period

    Relevance 100 of 100

    Of this answer, 100% addressed the question that was asked.

    See full analysis
  • A repeated line

    “We are going to build Canada strong.”

    Said 33 times by 14 members since April 24.

    Every time it was said
Official Hansard

Mr. Speaker, Canada is currently the top destination for foreign investment in the G7. That is my first point. My second point, proving that we are currently a prime destination for business, is that 3,000 jobs were announced yesterday. Saab, a Swedish company, decided to partner with Bombardier, a Canadian company of which we are very proud, to enter the military aerospace industry by building a new surveillance aircraft for us as well as for several other countries around the world. That is how we are going to build a strong country.

Steven MacKinnon, Minister of Transport and Leader of the Government in the House of Commons

Liberal
“Canada is building military planes and opening new mines. We are bringing in a lot of money from other countries. Economists say foreign investment in 2025 was the highest it has been since 2007.”
  • Government answer in Question Period

    Relevance 100 of 100

    Of this answer, 100% addressed the question that was asked.

    See full analysis
Official Hansard

Mr. Speaker, what have we learned from the last six questions? We have learned that that we are going to build military aircraft in Canada. We have learned that we are building mines, particularly in Quebec, British Columbia and in the far north, and that we are attracting an incredible amount of investment. The folks at TD Economics, who are certainly very different from those in the Conservative Party’s war room, say that, in 2025, Canada experienced its highest level of foreign investment since 2007. Canada is clearly attracting investment.

Discussion

No comments yet

See the full discussion

Comment rules

More from sitting 124

  1. Government Orders Business of Supply 114 statements
  2. Oral Questions Foreign Investment 13 statements
  3. Oral Questions Justice 6 statements
  4. Oral Questions Canadian Identity and Culture 6 statements
  5. Oral Questions The Economy 4 statements
  6. Oral Questions The Environment 4 statements
  7. Oral Questions Finance 6 statements
  8. Oral Questions Agriculture and Agri-Food 4 statements
  9. Oral Questions Steel and Aluminum Industry 2 statements
  10. Oral Questions Immigration, Refugees and Citizenship 6 statements
  11. Oral Questions Aerospace Industry 8 statements
  12. Oral Questions International Trade 2 statements
  13. Oral Questions Seniors 4 statements
  14. Oral Questions Public Safety 6 statements
  15. Oral Questions Oil and Gas Industry 3 statements
  16. Oral Questions Labour 2 statements
  17. Oral Questions Climate Change 2 statements
  18. Oral Questions Air Transportation 2 statements
  19. Oral Questions Business of the House 2 statements
  20. Government Orders Business of Supply 66 statements
  21. Oral Questions Health 4 statements
  22. Private Members' Business Canada Revenue Agency Act 12 statements
  23. Adjournment Proceedings Adjournment Proceedings 4 statements
  24. Adjournment Proceedings Adjournment Proceedings 4 statements
  25. Adjournment Proceedings Adjournment Proceedings 4 statements
  26. Government Orders Business of Supply 462 statements