Thank you, Mr. Chair.
The problem with this bill is not so much what is in it as what is not. In the past, we have seen new financial products appear, called commercial paper, which destabilized the financial sector at an incredible rate. This was less true in Canada than in the U.S., but many Canadian pension plans lost a great deal because of it. Canadian pension plans lost a great deal of money, money that we now need.
We cannot have much power of regulation with respect to what we do not know. Many financial products have arrived that we know little about, and the Superintendent of Financial Institutions does not have a right of veto over such new products. They appear, if one may say so, to be completely unregulated because they are too new, because they are unknown.
Could you please tell us which measures could be added to this bill in this respect?