Mr. Speaker, I am glad the hon. member does not feel too strongly about the subject.
This is a voluntary proposal. Ten provinces and the territories are working together with the federal transition office to create the common securities regulator. They are working together. We welcome the participation of those two provinces that have not chosen to participate yet.
Yes, we are going to do a reference to the Supreme Court of Canada. Yes, business and the Canadian people need to have certainty about the legislative authority of Parliament to legislate in this area, and that is what we will do.