Mr. Speaker, I thank the hon. member for his question.
Obviously, we have absolutely no idea of what the Conservative government's plans are when it talks about establishing a single securities regulator. What is the game plan? What we are realizing is that there is none. There is no game plan. The government should put in place instead a process to prevent the foreign takeover of Canadian and Quebec businesses, as we are seeing more and more these days. The Toronto stock exchange is in difficulty not just because of the economic crisis, but to a large extent because of the foreign takeover of Canadian and Quebec businesses.