Mr. Speaker, I thank my hon. friend from the Bloc who does seem to have a good grasp of finances because he is a continual contributor at our finance committee meetings.
However, I was simply quoting that former Bloc member who spoke the truth, I would assume. We would have to assume that she was speaking the truth when she said that the Bloc does have difficulty understanding economic issues.
Let me emphasize the fact that it is investors in Canada whom we are very concerned about. It is about protecting the savings of Canadians. Every time at the finance committee when we have had a witness, the Bloc has raised the question that if we had a national securities regulator in place, would the non-bank asset backed commercial paper fiasco have happened. I would argue that there has never been a definitive answer either way.
Our role here is to protect Canadians. If there is anything we can do through this voluntary system, we are obliged to do it.