Mr. Speaker, to me Bill C-25 is a very important bill. It is about diversity.
At this point, we still have the opportunity, as we stand here today and as we listen to these speeches, to go out and promote awareness of the value of women and men of diversified backgrounds on boards, and also to share that with shareholders. I have to say that I actually take offence at the notion of quotas, because I believe everyone wants the best talent to be appointed to a board, not based on quotas.
I am wondering if my colleague could speak to the unintended consequences of quotas for appointments to boards.