Mr. Speaker, my question is for the minister of financial institutions.
The $100 billion Enron bankruptcy in the United States is the largest in the history of that country and has shattered the confidence of many Canadian workers in the security of their pension plans.
Regulations concerning pension plan investments in federal jurisdiction do not allow for more than 10% of the holdings to be invested in any one company, but Enron's situation shows a need to enshrine this in legislation, not just in regulations.
Would the minister agree to table in the House a bill that would enshrine the 10% rule in legislation to provide more security for Canadian working people about their pension plans?