Mr. Speaker, I will be the third speaker to mention the whole issue of the compression of time. As I pointed out at second reading, the bill is long overdue. The government has been dragging its feet on it, and all of a sudden we are going at warp speed to try to get it through the procedure of the House of Commons.
I resent that very deeply on behalf of Canadian people because it is a vitally important bill. It has the potential to impact many hundreds of thousands if not millions of people in their financial transactions not only with respect to costs but also with respect to privacy issues and with respect to enforcement issues.
For that reason I have to concur with the hon. member from the Bloc Quebecois, although I do acknowledge on the part of the Liberal speaker before me that there had been an all party agreement to a work schedule When the work schedule became unworkable it was incumbent in my judgment on the government to revisit that work schedule.
I will be raising this issue in some depth when we get to third reading. Even as we speak there are ongoing negotiations on a bill and on clauses to a bill that have international ramifications, if not individual and national ramifications. I find the process to be completely unacceptable. It is a bill that is vital. Because of the urgency to get the bill through, in part because of the delay of the Liberals in bringing it to the House of Commons, we will support it. However I want the people of Canada to know that this is a seriously flawed process.
With respect to Motion No. 1, as has been noted by the government there is a problem which very simply is how in the world would we ever get institutions, individuals, professionals or casinos to comply with the particular bill. I believe it is in Never-Never Land. It is kind of a fairy tale, something like the tooth fairy, that the costs to institutions or individuals providing services to people will not somehow find their way into the service charges. Of course they will.
To try to regulate something that is totally unregulatable is pie in the sky. As a consequence, although I have the greatest respect for the mover of the motion, I could never recommend to my colleagues that we support it.