Mr. Speaker, I listen to the eminent Conservatives telling us one after the other that a single Canadian securities commission is the best way to go. As an example, let us say that we have a family of 12 children. They have been married and living on their own for 25 or 30 years. All of a sudden, the mother-in-law decides to manage the money of each of these families. This is what the government has in mind right now. For many years, commissions have been building up their organization in each province. Therefore, they are able to decide and make laws accordingly.
Why would we want to have a mother-in-law manage our business and interfere in our fields of jurisdiction to tell us what to do? Establishing a single Canadian commission is equivalent to that.