Mr. Speaker, this whole review process was a result of wide cross-country consultations undertaken in 2001 and 2002. It also reflects input received from, as I said earlier, a broad spectrum of stakeholders, including business, financial institutions, the legal community, et cetera, people who are well-versed in the understanding of insolvency laws, as well as labour groups, students, consumer associations and, of course, academic groups. The Senate committee on banking also tabled a report in 2003. It is a combination of many years of work, listening to a broad spectrum of stakeholders, and I think it has achieved the right balance.
In the House of Commons on September 29th, 2005. See this statement in context.