Mr. Speaker, let me reinforce this essential point. The Canadian Securities Transition Office in no way, shape or form impacts the jurisdiction of Quebec managing its own securities regulations. It is free to behave in the way it deems fit.
It is an opportunity for provinces that wish to co-operate on important issues: not just on securities regulations, but also on money laundering, tax evasion and other important financial matters. This organization does important work for the benefit of all Canadians. To the extent that Quebec wishes to pursue an independent process to achieve those outcomes, it is free to do so. This amendment will not change that.