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View Greg McLean Profile
CPC (AB)
View Greg McLean Profile
2020-02-06 13:04 [p.1019]
Madam Speaker, the investor-state dispute resolution process was a good one at that point in time. It meant that people could invest in foreign countries and not expect the investment to be undone by a national government. It did provide some certainty to foreign investors coming into each country, knowing there was a way to balance their investment, vis-à-vis the caprice of any national government that might change, and have some recourse at the end of the day.
I did reference TMX in my documents. TMX had a good position there because of the regulatory delays and the hurdles that were put in its way, in terms of expanding an existing pipeline across the country. Eventually the company threw up its hands and said enough was enough, that it needed to move on and the Canadian government could take it over. It was done. We do not see the federal government enforcing federal regulations to get the project done. If the government would follow its own rules, at the end of the day, projects would be done well.
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