Mr. Speaker, we have the most sound financial system in the world and that is the view of the World Economic Forum. Certainly, the IMF uses our financial system as one of the most sound in the world.
We have one glaring deficiency in that system. It is in the area of securities regulation, where we have 13 separate securities regulators. We will move forward, as set out in the first budget bill, with the plan for a national securities regulator with willing partners, willing provinces, and willing participants.