Mr. Speaker, my colleague talked about meeting with victims. Would it not be best for government to instill regulations and rules that would prevent victims from being created in the first place?
My question is very specific. The member is obviously concerned about this issue. Could she outline what her government has done to tighten up the regulations for the investors who rip off pensioners? Could she give us a few examples of something specific her government has done that says oversight will become more strict in Canada, not as it is right now?
The white-collar crime my colleague talks about will continue on beyond implementation of this bill because the government has regulators that are too close to those they are meant to be regulating. The OECD has harshly criticized Canada for this investment environment. The greatest reason others do not invest in Canada is that our regulatory environment is too weak. The reason Conrad Black was thrown in jail in the United States and not in Canada is that the Conservative government is too passive toward white-collar crime.
Could the member name one thing her government has done to clamp down on this so victims are not created in the first place by Earl Jones and others?