This is a single
speech (house debate) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
This is a single
speech (house debate) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
{
"time": "2014-03-28 12:05:00",
"attribution": {
"en": "Mr. Brent Rathgeber (Edmonton\u2014St. Albert, Ind.)",
"fr": "M. Brent Rathgeber (Edmonton\u2014St. Albert, Ind.)"
},
"content": {
"en": "<p data-HoCid=\"3629789\" data-originallang=\"en\">Mr. Speaker, Industry Canada has been warned for some time that a lack of clarity in the Investment Canada Act is going to threaten foreign investment in Canada. The net benefit test remains nebulous, and terms added on the fly, in 2012, such as \u201cexceptional circumstances\u201d and \u201cstrategic resources\u201d, are wholly undefined. Predictably, foreign investment is declining. For example, Chinese investment fell from $21.5 billion in 2012, to a mere $220 million last year.</p>\n<p data-HoCid=\"3629790\" data-originallang=\"en\">As $100 billion of capital is required for Alberta alone for the oil sands by 2019, when will the government provide clarity to the Investment Canada Act to stop repelling foreign investment?</p>",
"fr": "<p data-HoCid=\"3629789\" data-originallang=\"en\">Monsieur le Pr\u00e9sident, Industrie Canada a \u00e9t\u00e9 pr\u00e9venue, il y a un certain temps, que le manque de clart\u00e9 de la Loi sur Investissement Canada pourrait nuire aux investissements \u00e9trangers au Canada. Le crit\u00e8re de l'avantage net demeure n\u00e9buleux, et des termes tels que \u00ab circonstances exceptionnelles \u00bb et \u00ab ressources strat\u00e9giques \u00bb, ajout\u00e9s \u00e0 la h\u00e2te en 2012, n'ont pas \u00e9t\u00e9 d\u00e9finis. Comme on pouvait s'y attendre, l'investissement \u00e9tranger diminue. \u00c0 titre d'exemple, les investissements de la Chine sont pass\u00e9s de 21,5 milliards de dollars en 2012 \u00e0 seulement 220 millions de dollars l'an dernier.</p>\n<p data-HoCid=\"3629790\" data-originallang=\"en\">\u00c0 elle seule, l'Alberta aura besoin de 100 milliards de dollars de capital d'ici 2019 pour les sables bitumineux. Dans ce contexte, quand le gouvernement se d\u00e9cidera-t-il \u00e0 clarifier la Loi sur Investissement Canada afin qu'elle cesse de rebuter les investisseurs \u00e9trangers?</p>"
},
"url": "/debates/2014/3/28/brent-rathgeber-1/",
"politician_url": "/politicians/brent-rathgeber/",
"politician_membership_url": "/politicians/memberships/4157/",
"procedural": false,
"source_id": "8285252",
"h1": {
"en": "Oral Questions",
"fr": "Questions Orales"
},
"h2": {
"en": "Foreign Investment",
"fr": "Les investissements \u00e9trangers"
},
"document_url": "/debates/2014/3/28/",
"related": {
"document_speeches_url": "/speeches/?document=%2Fdebates%2F2014%2F3%2F28%2F"
}
}