Madam Speaker, the hon. member raises a very good question, which is, how well protected are seniors' investments?
We had a very serious conversation with our provincial partners. We were putting forward a Canadian or a common securities regulator. We put forward the legislation to be able to protect those investments. Unfortunately, the opposition members voted against that. They did not see far enough down the road to see that they were leaving investors vulnerable.
The question the member asked me might not have happened if we had a common securities regulator in place, that not only makes it simpler for businesses that want to invest in this country and employ more Canadians, but helps protect investments that are already made, whether they are in pension funds or mutual funds.
However, I guess the opposition really does not care about protecting Canadians' money.