Inside Politics

Opposition Day Watch: CNOOXen it is, then!

As predicted in today's OotD, the NDP will devote tomorrow's opposition day to the proposed CNOOC-Nexen takeover -- specifically, the need for public consultations, as well as legislative clarification on what, exactly, "net benefit" actually means.

Courtesy of today's Order Paper, here's the full text of the motion:

That, in the opinion of the House, the government: (a) should not make a decision on the proposed takeover of Nexen by CNOOC without conducting thorough public consultations; (b) should immediately undertake transparent and accessible public hearings into the issue of foreign ownership in the Canadian energy sector with particular reference to the impact of state-owned enterprises; and (c) must respect its 2010 promise to clarify in legislation the concept of "net benefit" within the Investment Canada Act.

Given the government's now familiar response to CNOOC-Nexen-related questions, it seems unlikely that the NDP will garner the necessary support for the motion to pass, and even if it did, it is, of course, non-binding. Even so, it should be a fascinating debate. 

Tags: blackberry jungle, cnooc/nexen, cnooxen, opposition day watch