Mr. Speaker, the wise persons' report called on the government to act. What we are getting instead is delay and obfuscation.
Canada is like the wild west of financial markets, and that is not me talking. That is the Governor of the Bank of Canada. White collar crimes are despicable. They hurt workers, pensioners and small investors. We see nothing being done about it.
We have had high profile stock market scandals, Bre-X, YBM and LiveNet, but no one involved has gone to jail. When will the government give some teeth to our securities legislation?