Finance committee  How many members of the companies...? I don't have that information. Indeed, I don't have a way of assessing whether members are in favour. I think many, if not most, members would want to know what the specifics of the demutualization would be. So part of the process that the go

Finance committee  As you were saying, there certainly are provinces that are on record as opposing. There are two provinces, as I just mentioned, who are clearly in favour. These provinces are quite different in their approach, in the nature of their securities markets, and their approach in some

Finance committee  I'm sorry, Mr. Caron, but I'm having a hard time understanding you.

Finance committee  Sorry, Mr. Caron. Please go on.

Finance committee  The law states that it will give the government the power to identify the provinces that decide to participate in the cooperative regime. That is all the law says. That being said, the agreement in principle signed by the governments of British Columbia, Ontario and Canada cont

Finance committee  The idea is just to provide the flexibility to have the option of increasing the limit if that ends up being necessary. That being said, it would have to be done through a budget bill. We would still need Parliament's approval.

Finance committee  If I understand correctly, you asked me two questions. The first was about jurisdiction and the second about the plan to encourage other provinces to participate in the regime. With respect to jurisdiction, the Government of Canada's plan, with British Columbia and Ontario, is

Finance committee  Sure, I'd be glad to. In terms of the overall fund, more than half of the assets are invested abroad. If we subtract from the calculation the part of the fund that is in legacy, essentially provincial bonds that relate to the earlier structure that governed the investment of th

Finance committee  There are currently 12 members on the board, as established under the act.

Finance committee  Exactly. It will also increase the overall pool of qualified candidates for these important jobs.

Finance committee  That is correct.

Finance committee  Yes, I will.

Finance committee  Yes, I'd be glad to. As you mentioned, there was a recent British Columbia Court of Appeal decision on the application of the anti-money-laundering legislation to the legal profession. That decision made reference to potential problems that would arise out of sections 11 and 65

Finance committee  After Bill S-5 was passed, in discussions with some representatives of the industry, it was brought to our attention that some members of the industry were of the view that not all of the transactions the government intended to be covered by this provision would necessarily be co

Finance committee  I should clarify that in recent years the government has provided the FCAC with $2 million a year from the consolidated revenue fund. That is ongoing. An additional $3 million a year on top of the $2 million will be available once the leader is appointed, and then there is, as I