Mr. Speaker, in the post-Enron and post-WorldCom world, Canada is not immune. A number of respected business leaders in Canada have called for legislation similar to the Sarbanes-Oxley legislation in the U.S.A., while others are calling for a less interventionist approach.
My question is for the Minister of Finance. Should Canadian investors have faith in corporate governance in Canada?
Is the minister planning any initiatives in the area of corporate governance? When will he begin consulting with Canadians generally and Canadian parliamentarians specifically on this important topic?