Mr. Speaker, my NDP colleague touched on that a few minutes ago. We know that stock market speculation is largely responsible for the economic turmoil we have been experiencing in Canada since 2008. That is why I was disappointed that the Conservative government did not introduce more banking regulations in this bill.
The Conservative government is refusing even to consider regulatory policies that would restrict unproductive speculation on the financial markets and stock exchanges that does not create jobs but increases financial sector volatility.
We know that many retirees have seen their savings evaporate because of financial speculation.
Why did the Conservative government not include more regulations covering stock market speculation in this bill to regulate financial institutions?