Mr. Speaker, I hung on to every word of my friend the parliamentary secretary, as I do every time he speaks in the House. Most of the words he spoke seemed to indicate that he was most concerned about protecting Canadians. I think that was the gist of his speech.
I remind him that New Democrats have been calling on the federal government for some time to get tough on white-collar crime. He mentioned the former member of the House, Judy Wasylycia-Leis, our member from Winnipeg. What he did not say is that she put forward a very detailed plan, when she was the finance critic, to effectively fight corporate crime in Canada. A single regulator is a solution to really no known problem in Canada. It is simply an attempt to impose Ottawa's will on the provinces to better serve its friends on Bay Street.
If we want to protect Canadians, it seems to me that Canada already has tough laws to combat fraud and unfair practices. I suggest we need to enforce the laws we already have, for example, including strengthening the Office of the Superintendent of Financial Institutions and the integrated market enforcement teams.