Thank you.
I do have one question, but it will be fairly quick.
The Supreme Court handed down a decision in December 2011 on the bill aiming to create a single national securities regulator. The Supreme Court stated the following: “The proposed securities act represents a comprehensive foray by Parliament into the realm of securities regulation.” So the Supreme Court was clear.
By extending that transition office's life, is the government trying to find a way to interpret or circumvent the Supreme Court's decision? If not, does the government intend to facilitate the Canadian passport system, which is currently implemented by the provinces?