The folks came in from Innovation Canada and talked on the same points that you made about the constitutionality and the difference between provincial and federal jurisdiction. There is an existing act right now, under the Bankruptcy and Insolvency Act—I forget the section—but we were led to believe that it would be quite difficult to implement a similar system because of the differences inherent in our system compared with the Americans'.
On June 1st, 2016. See this statement in context.