Mr. Speaker, I want to thank my colleague for his speech. He has certainly shown that, in each and every bill, we can see that the federal government tries to encroach more and more on provincial jurisdictions.
The same thing goes for this bill, which deals with the whole issue of corporate fraud. I would ask my colleague to tell us if he does not see anything insidious in the fact that the federal government is trying to allow federal prosecutors to play a role in an area under provincial jurisdiction.
We know that the idea of creating a national securities commission has been around for several years. When he was finance minister, the member for LaSalle—Émard raised this issue on several occasions and wanted this project to become a reality. However, he met with all kinds of obstacles, particularly from provincial governments, since they have a system that works.
For the government, is Bill C-46 not—