Mr. Speaker, after meeting with his Quebec and provincial counterparts to discuss the creation of a Canada-wide securities commission, the Minister of Finance indicated that he plans to form an independent expert panel to advise on possible securities regulation. The Quebec finance minister, however, specified that the passport system would remain her priority. In fact, no one but Ontario wants any other arrangement.
Can the Minister of Finance explain what he is doing in this area of jurisdiction that is none of his business, unless he hopes to give his friends on Bay Street another handout?