Mr. Speaker, as part of our discussions with respect to fiscal balance and the state of the economic union in Canada, the finance ministers have discussed issues relating to mobility between the provinces in Canada of goods, services and people. We have also discussed the reality that we have 13 securities regulators in the country which impedes the movement of capital. There is a plan among the provinces relating to the passport system that has some merit and with respect to which there has been some activity. I look forward to having further discussions concerning the efficacy of a common securities regulator with the finance ministers in December.
In the House of Commons on November 27th, 2006. See this statement in context.