Mr. Speaker, yesterday the Minister of Finance made very clear his obsession with securities regulation and his intention to circumvent Quebec's own securities regulator, the Autorité des marchés financiers. Yet the current system is working very well. It comes in second among industrialized countries. The president and CEO of the AMF appeared before the committee himself to speak out against the inappropriate extension of the federal office responsible for creating a Canada-wide securities regulator and—importantly—to point out that a common regulator would be a step backwards.
When will the minister stop trying to strip Quebec of its financial expertise?