Madam Speaker, I want to draw the member's attention to page 8 of the throne speech, which talks about the formation of a national securities regulator. I know that certainly the province of Quebec and the province of Alberta, and certainly in the past the province of Manitoba and others, were basically opposed to this because it did in fact interfere with provincial jurisdiction.
Having said that, if this national securities regulator is to be formed and if it is run the same way that all the old securities regulators were formed, which is primarily being toothless, then how is that going to be plus?
My argument is that it is not the structure here that matters, it is who is running it, how aggressive it is, and what sort of rules it follows and regulations.
We can set up all the--