Mr. Speaker, the hon. member should realize that there are a large number of securities regulators in this country. Let us say there are 10 and let us say that two of them got together and asked the federal government to handle the securities. That would leave eight. In my arithmetic, eight is less than ten. I do not know whether the hon. member is using some form of octal calculating but eight is less than ten, six is less than ten and anything is less than ten if the federal government gets involved.
In the House of Commons on March 5th, 1996. See this statement in context.