Mr. Speaker, the hon. member should know that, on the one hand, the federal government is in the process of responding to the requests made by several provinces and, on the other hand, to the business community across Canada, including Quebec, which is calling for rationalization.
Why should a Quebec company have to send prospectuses to 10 provinces, when it could limit its mailings to two entities if there were a federal agency and its Quebec counterpart?
We want to put Quebec companies in a position to seek capital as efficiently as possible. A federal commission would help, as the Quebec business community knows full well.