Madam Speaker, I would answer the question by simply saying that Manitoba has potentially 5,000 megawatts of clean power which could be exported to Ontario to take care of the replacement of the coal-fired plants. This would help the federal government reach its targets. I will point out right now that Germany is exceeding its Kyoto targets as we speak, so this can be done.
I want to take whatever time I have left in my response to finish the third point of my debate which deals with the national securities regulator which was referenced in the throne speech. This idea has been discussed for many years. The smaller provinces have resisted the idea. They see this as an area of provincial responsibility to regulate within their own borders.
Let us pretend for a moment that the provinces give up their jurisdiction and a national securities regulator is formed. Will it be more active than the current Ontario Securities Commission? Let us check some facts.
From 2002 to 2007 the U.S. regulators--