Mr. Speaker, I listened very closely to the speech by the Conservative member opposite.
He got a few good ones in, even though we are not laughing. I was surprised to hear him say, first of all, that international organizations are asking Canada to create a single securities regulator for us to be taken seriously. That is hard to understand when the OECD places Canada second in the world for the quality of its securities regulation. If there is one organization that can be called international, it is the OECD.
Second, the member said that the plan to create a Canada-wide securities regulator respects the constitutional jurisdictions of the provinces and Quebec. I would like to know if his party consulted the Government of Quebec on this issue. It seems to me that Quebec's National Assembly unanimously adopted two motions stating that it rejects the idea of a single securities regulator. In addition to being unconstitutional, the matter falls under provincial jurisdictions.
I fail to grasp how the member can say that Quebec is turned inward and does not take businesses into account. Is the member suggesting that each and every member of Quebec's National Assembly representing every region in Quebec is not concerned about the businesses in his or her riding? That makes no sense.