Mr. Speaker, I want to ask a question of my hon. friend, who does a very good job as the chair of the finance committee. I congratulate him for again being appointed to that position. It was an inspired choice.
We all know there are some parts of the budget that are very good and some that are wanting.
First, how can municipalities that do not have the one-third of funds access the funds the government is putting forth so they can have the infrastructure projects they need?
Second, we know that in this international contagion, this tsunami that has wafted across the global financial market, we need to have not only domestic regulations, but also international regulations that will enable us to prevent these things from happening.
Could my hon. friend tell us whether his government will push forth the single securities regulator for the country? What will his government do to work with other nations to prevent this economic tsunami from happening again? Common oversight; common regulations.