Mr. Speaker, I listened to the secretary of state. It is incredible. He said that there is a proliferation of agencies and yet, the federal government is going to create new ones, top-loading the securities business. Mr. Daniel Johnson, who was Quebec Premier in 1994, wrote a letter to the minister or to the secretary of state, stating that Quebec and the then labour minister were adamantly clinging to the securities area. So, why this plan to create securities commissions?
How can the government say in the speech from the throne that it is going to withdraw from areas of provincial jurisdiction and, at the same time, that it is going to interfere in these areas, claiming there is a certain proliferation? Such an argument does not make any sense.