Mr. Speaker, we do not disagree that it should be an international approach in terms of norms, as the member indicated in his question, but the first priority for this government should be to get our own house in order before we can go to our international partners, to the IMF or any other organization. We cannot go and talk about international standards and international norms until we are able to provide an indication that we believe in that concept such that we will do it here first. We want to ensure there are not 13 different norms across Canada. We want one set of security regulations for this country so we are on a level playing field when we are having those discussions and putting our position forward at the IMF and other financial organizations.
In the House of Commons on June 15th, 2009. See this statement in context.