Mr. Speaker, the objective of securities regulators is to ensure capital markets are efficient, fair and transparent, and I think the member will agree with that.
He may also want to comment on whether the consolidation of securities regulation in Canada might be enhanced to deal with discrepancies between the jurisdictions of the provinces in terms of public disclosure, information sharing between companies and investors, the fact that it might create distorted markets if there is not that standardization and maybe even an increased risk for investors. These seem to be desirable objectives in terms of security for all investors throughout Canada. I wonder if the member would care to comment?