Dáil debates

Wednesday, 31 May 2017

Companies (Amendment) Bill 2017 [Seanad]: Report and Final Stages

 

6:50 pm

Photo of Mary Mitchell O'ConnorMary Mitchell O'Connor (Dún Laoghaire, Fine Gael) | Oireachtas source

I am telling Deputy Boyd Barrett about his constituency. He needs to know that the majority of mothers and fathers I know want their children to go out and get jobs. There are multinationals and foreign direct investment companies supplying 200,000 jobs for 200,000 people.

Just last week, so that Deputies know, we had a trade mission within Ireland. We brought our indigenous companies to meet foreign direct investment companies in Ireland. We felt if they did more business together in this country, everyone could win. Foreign direct investment companies would win because they would have a good supply chain from indigenous companies. The indigenous companies could get more trade. I know "trade" is a terrible word for the hard left, but trade and profit create jobs.

I am trying to give Deputies a lesson in economics because people need jobs, and foreign direct investment companies supply jobs. The Bill is not about tax. If Deputies read it, they would know it was about how companies report their financial affairs.

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