Mr. Speaker, if Canada was unilaterally to go ahead and act against currency trading or if there were to be a multinational universal agreement in terms of taxing currency trading, all we would be doing is regulating it to death. What would be the point of even having a floating currency?
The hon. member for the NDP should suggest a fixed currency in terms of a gold standard, for example, rather than suggest that somehow the multilateral agreement should end it. It is not that I support it necessarily but then at least it could be credibly argued from her point of view.