Madam Speaker, as the member would have heard in my speech, Bill C-42 addresses the issue of conditional sentencing, which is something that we support strongly. The government does not believe that conditional sentences should be an option for fraud.
I am not familiar with the details of the amount stolen by Mr. Lacroix, but if there were 9,000 victims, one would expect that the value of that crime probably did reach $1 million or more.
I am pleased to see that members of the Bloc are concerned about white collar crime. However, if they were really concerned about white collar crime in this country they would have supported the national securities regulator, which would strengthen the ability of securities regulators across Canada to enforce the securities laws of Canada and really get at the root cause of securities fraud.