Mr. Speaker, I think the government is offering a lot of false hope here if it thinks people will get proper restitution for these schemes.
The member has rightly pointed out that the big problem here is that the government needs to come to grips and deal with tax havens. The people who run these schemes, particularly Ponzi schemes, get money out of the country. They put money in Panama and the Cayman Islands so that when the time comes and the scheme has unraveled, there really is no money left to give back to the people in terms of restitution.
The government needs to deal with the whole issue of tax havens but, more important, it needs to deal with the whole issue of industry insiders who are running the regulatory bodies. We need to take action in those two areas to prevent these things from developing in the first place, because once they develop it is too late.