Mr. Speaker, I would like to thank my colleague, who is doing an exceptional job as the Bloc Québécois finance critic. I do not believe it comes as any surprise to him that we had an opposition day on this issue today.
The mining industry and other industries are examples of how Quebec's financial sector has decided that our way of doing things is excellent. That does not mean there can be no improvements. That is why we have the passport system, which is a kind of harmonization. The Government of Quebec has been and is always open to improving things. However, we want to carry on doing what we are doing and keep our own securities commission system.
Earlier, the member for Lévis—Bellechasse talked about the IMF report and said that there was a shortcoming. The IMF report was excellent. It praised Canada's existing system, including Quebec's, highly. It raised some shortcomings, which the passport system corrected. The other provinces agree. Some provinces may decide that they want to do things some other way, but that is exactly what we are arguing today. It is an area that falls under provincial jurisdiction, under Quebec's jurisdiction. It is up to them to decide.