Mr. Speaker, we should forgive him because he does not know what he is doing. The voluntary system is just a show, a sham. Eliminating the passport system will create conflict among the securities authorities and will increase fees for companies that want to do business with four or five commissions. It is shoving the idea of doing business in Toronto down everyone's throats. The government is starting fires everywhere—Quebec, Alberta and Manitoba—and it wants us to call Toronto's firefighters. Is that the deal? Come on, it makes no sense.
In the House of Commons on June 2nd, 2010. See this statement in context.