I do not know if it is premature. As you know, this matter has been debated in Canada for almost 40 years. A number of studies have looked at it. Given the credit crisis and its consequences, it would be premature to come to complete and final conclusions about those events, but really, it all adds to the information that needs to be considered in determining where securities regulation has to go in Canada.
On May 28th, 2008. See this statement in context.