Mr. Speaker, I am sure that my Bloc Québécois colleague is well aware that we have the equivalent of 13 AMFs in Canada. Members of the Bloc also talked about the passport system.
However, there is a problem: the system works everywhere but in Toronto. We also all know that Toronto represents over 80% of Canada's dollar volume. That means that a company in Quebec that wants access to capital has to apply to the Toronto Stock Exchange.
What is being proposed today is to remove the only way that Quebec entrepreneurs can gain access to capital across the country. I should clarify that the reason Quebec entrepreneurs trade publicly is that they want access to capital. The Bloc Québécois wants to remove the only way for Quebec to gain access to capital in Toronto.
Can my colleague explain why he wants to take away Quebec's ability to participate in this field? I do not understand.