Elizabeth May: Mr. Speaker, I am pleased that the parliamentary secretary believes there is a problem, but I am astonished that he could put forth the notion that there is not an issue of concern when we have Sinopec, CNOOC and PetroChina buying from Iran and investing in Canada at the same time, the same subsidiaries in and out of the same pockets.
When we talk about nuclear issues, we know that we have just approved the sale of yellowcake from Saskatchewan to China under terms that the U.S. finds too shaky to meet the terms of the nuclear non-proliferation treaty. We cannot track yellowcake adequately under these new rules. We, therefore, could be not only dealing with companies that buy the Iranian oil and prop up that regime, as China props up Syria, but we could also be in a situation where Canadian yellowcake makes its way into the Chinese nuclear program or even into the Iranian nuclear program. We cannot track these sales.
We have let the horse out of the barn without paying attention. In 2009, when we amended the Investment Canada Act, we should have put a clause in, as the experts recommended, for national security checks to be included. We have no protection. We are not paying attention.
Deepak Obhrai: Mr. Speaker, first and foremost, I want to make it very clear for the hon. member that we are concerned with what is happening in Iran, as she herself is concerned with the situation. However, our approach is to work with our allies. Of course we are aware that China is one of the larger customers of Iran going back before these sanctions were put forward and therefore diplomatically the pressure is being put on China from everyone to reduce the imports of oil into China.
The member keeps talking about China. It is India as well that is reducing its imports from China. However, this is working together diplomatically with all our allies to ensure that pressure is put forward on China and on other countries that are buying the Iranian oil to get them to come to the table and talk about the nuclear activities.
Right now as we talk the second stage of that conference will be taking place pretty soon in which all five countries, including China, will be talking with the Iranians in reference to their nuclear activities.