Mr. Speaker, I would suggest the current system is not working that well when we talk to investors who want to come and invest in Canada. It is a very cumbersome system. They have to go through 13 different processes. We want to provide a welcome environment for investment in our country, and that is why we need to move forward.
We are working co-operatively with the provinces, and it is a very good process so far. The courts have made it very clear to us that we, as a federal government, have the responsibility for capital markets and that we must pursue that.