Mr. Speaker, my colleague from the NDP is absolutely right. We will recall that every time this Conservative government has done something to standardize some program or other, it has always been a flop.
The best example is the Summer Career Placements initiative. The intention was to standardize this program across Canada, and funds could not be granted based on local needs. It is exactly the same thing when it comes to the securities regulator. I would add to what my colleague said that there is a kind of passport, agreements between the provinces that allow them to provide mutual assistance so there is some justice between them.