Madam Speaker, what I am simply suggesting is that our law enforcement officers need to be given an arsenal of weapons in order to go after white collar criminals who deprive people of their life savings or their retirement savings. One significant aspect of that is to have a national securities regulator who will have strong enforcement of our securities laws across the country. This has been pointed out by many experts in the field of securities law as one of the essential elements of going after these white collar criminals.
However, that is not enough, which is why this government has taken the effort to put forward Bill C-52 to significantly strengthen the penalties for white collar crime. We are sending the message that white collar crime is not acceptable in our society and people will pay a heavy price if they continue to do these things to vulnerable seniors, retirees, savers and law-abiding citizens of this country,