Mr. Speaker, I am surprised at what my colleague opposite said. He referred to what Quebec wants in relation to this bill. This is not a bill or a Bloc motion, but a unanimous outcry from Quebec against this bill. How can this member from Quebec stand up in this House and speak against Quebec's intentions? Why does he prefer to get in bed with Ontario and the rest of Canada rather than defend Quebec's interests?
Quebec's finance minister wrote this to her federal colleague:
First of all, I reiterate that the existing regulatory system in Canada works well and satisfies both the needs of pan-Canadian participants and the interests of the various regions. Accordingly, I will continue to oppose the implementation of any model leading to the concentration of market oversight responsibilities in the hands of a common or single regulator—
In closing, I also want to remind my colleague that on October 16, 2007, the three political parties in Quebec unanimously adopted a motion that opposed this position.