Mr. Speaker, at committee in the last session we heard some of the terribly disturbing stories of those who were impacted by the frozen assets in asset-backed commercial paper. There were some sad stories. Some suggested their brokers did not even tell them that they were invested in asset-backed commercial paper.
These are the sorts of things that are part of a common securities regulator. Although it has been expounded upon here that we will work this across the country on a voluntary basis, the Bloc members are fighting that. In fact, we had people, probably their constituents, telling us that they were not protected but suggesting that they may have been protected. If there is any chance that we can protect investors in this country, we owe it to Canadians to make sure that we do everything possible to protect their investments.