Mr. Speaker, it is because we need to do a better job to protect investors. We need to do a better job on enforcement.
The hon. member should look at what happened to the victims of Earl Jones in Quebec. Look what the Earl Jones committee says. It says, “We...support the idea of a single national regulatory body overseeing financial organizations...”. That is what the OECD says as well.
If we want to protect investors, if we want to enforce regulations, we need a large, strong investigative branch across Canada.