Once again, I would like to convey this message to my colleagues in the Conservative Party. If you vote against this amendment, you will be accepting that, in the modern world, the federal government will simply regulate entities that aren't banks and that aren't subject to federal regulations, and that the provincial governments will become Ottawa's branches for implementing federal regulations. Lastly, Ottawa will then regulate a branch of the Alberta government, for example.
We've reached a point in the modern world where we need to clarify provincial and federal jurisdictional issues. You know, there's residual power. The Constitution was written in such a way that, by and large in Canada, everything not conceived a century and a half ago, everything modern, belongs to the federal government by default. In this instance, this isn't the case. I think that the federal legislation should recognize this.