Mr. Speaker, the hon. member for Macleod gave some information which, in my view, is not quite accurate. He was saying earlier today that we have a solid financial services sector here in Canada and that a single securities commission would give, according to him, better access to financial services.
On the other hand, he then said that the present Canadian securities system was inefficient, that provincial mandates were a patchwork and that the system did not work well. He contradicted himself in his speech.
What does he have to say to the World Bank and to the OECD, which said recently that the Canadian system works very well as it is, that it is efficient and effective and that it gives good results?