I was wondering, as we had written to the Minister of Finance on a couple of occasions about strengthening our securities regulation but we hadn't received any response. And I was very glad to see there may be some moves in that area. I hope they don't just go after the little people—or the relatively little people.
On a national securities regulator, our position is that it needs to be effective. You can have a national organization that isn't effective, but if we are to have one, it needs be effective in different ways. So I can't just say yes on that, but hopefully if it has stronger enforcement in a number of areas....
Somebody you may have heard of is Diane Urquhart, who has stood up for the rights of small investors and workers. Most workers have most of their savings in pension funds and things like that. She has told me that when she does cases, she first looks to see if there is a U.S. connection; she doesn't go to Canada, but looks to see if she can win the case in the United States. That's embarrassing. I am embarrassed as a Canadian to see white collar criminals being prosecuted first in the United States and not in Canada. I think we should be doing much more of that. There have been some steps announced on that so far, but many more things need to be done on this.