Madam Speaker, I never thought I would actually miss the hon. member on the finance committee. I have never quite been able to resolve his ultimate contradiction of being a separatist in a federal Parliament, but that is another issue altogether. His contributions to the finance committee were quite reasonable within the caveat just stated.
The equity float is $1 billion and it only applies to financial institutions that are federally regulated, so there are no other businesses outside the purview of a financial institution for which this float would be required.
I hope that gives the hon. member a straightforward answer to a specific question.