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View Raymond Bonin Profile
Lib. (ON)
View Raymond Bonin Profile
2006-11-08 15:14 [p.4905]
Mr. Speaker, the member might have heard someone from this area, but I can assure you on my honour that I did not say that.
View Raymond Bonin Profile
Lib. (ON)
View Raymond Bonin Profile
2006-05-29 14:15 [p.1646]
Mr. Speaker, on October 11, 2005, Inco and Falconbridge, two Canadian icons in mining, announced a friendly merger to create the new Inco.
The new Inco is a made in Canada response to the global consolidation in the mining sector. The new Inco will have the scale, expertise and financial strength to remain independent and successfully operate in Canada and around the world.
Unfortunately, the merger is still awaiting regulatory approval in the U.S. and the European Union. This has given Xstrata, a Swiss corporation, the opportunity to undo the Canadian solution by bidding for Falconbridge.
It is imperative that this House and the government review the Xstrata bid and that the review not be completed until the Inco-Falconbridge merger receives the approvals it requires in the U.S. and Europe.
I call upon all members of the House and the government to ensure the regulatory playing field is level and the made in Canada solution prevails.
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