Speech (House debate)

{
    "time": "2009-02-24 12:00:00",
    "attribution": {
        "en": "Mr. Thomas Mulcair",
        "fr": ""
    },
    "content": {
        "en": "<p data-HoCid=\"1305196\" data-originallang=\"en\">Mr. Speaker, Canada was moving toward a passport system. Under this system the provinces would work together, because it is a matter of provincial jurisdiction, and we were getting the job done. </p>\n<p data-HoCid=\"1305197\" data-originallang=\"en\">This attempt to centralize and to dictate from Ottawa on securities is a mistake. Historically, the federal government has had responsibility for criminal law, for banking and negotiable instruments, and for competition legislation. We have something called the Office of the Superintendent of Financial Institutions. The member should have been in committee with us last year when we were asking this officer what had been done with regard to asset-backed commercial paper; the answer was \u201cnothing\u201d, so the problem is that in areas of its own jurisdiction, the federal government has traditionally done nothing. </p>\n<p data-HoCid=\"1305198\" data-originallang=\"en\">In the meantime, Vincent Lacroix is behind bars for 10 years in Quebec for fraud because of the rigorous and constant application of securities statutes in the province. It takes away nothing from the federal government in its ability to work. It does not stop the provinces from coming together. The federal government can play a role of facilitator in that. All sorts of things can be done, but that is not what this is about. </p>\n<p data-HoCid=\"1305199\" data-originallang=\"en\">The opting-in provisions in what is being proposed by the current <a data-HoCid=\"78777\" href=\"/politicians/jim-flaherty/\" title=\"Jim Flaherty\">Minister of Finance</a> will be worse in terms of a result than what exists now. People simply will not know who the regulator is. Traditionally, if you look, all the prosecutions under the sponsorship scandal were carried out by the Quebec provincial government. There were none by the federal government. Vincent Lacroix is the object of hundreds of criminal prosecutions, while not the first hour of the first day of the first trial on the first charge by the federal government has even been held. That is the reality of the federal government's lousy track record--</p>",
        "fr": "<p data-HoCid=\"1305196\" data-originallang=\"en\">Monsieur le Pr\u00e9sident, le Canada s'orientait vers un r\u00e9gime de passeports. En vertu de ce r\u00e9gime, les provinces devraient collaborer, puisqu'il s'agit d'un champ de comp\u00e9tence provincial, et nous menions cette t\u00e2che \u00e0 bien. </p>\n<p data-HoCid=\"1305197\" data-originallang=\"en\">Ottawa tente actuellement de centraliser le contr\u00f4le des valeurs mobili\u00e8res et la r\u00e9glementation les concernant. C'est une erreur. Par le pass\u00e9, les comp\u00e9tences du gouvernement f\u00e9d\u00e9ral incluaient le droit p\u00e9nal, les op\u00e9rations bancaires et les titres n\u00e9gociables, de m\u00eame que les lois sur la concurrence. Le Bureau du surintendant des institutions financi\u00e8res est d\u00e9j\u00e0 en place. Le d\u00e9put\u00e9 aurait d\u00fb si\u00e9ger au comit\u00e9 avec nous l'ann\u00e9e derni\u00e8re lorsque nous avons demand\u00e9 au fonctionnaire responsable de cet organisme quelles mesures avaient \u00e9t\u00e9 prises au sujet des papiers commerciaux adoss\u00e9s \u00e0 des actifs. Il a r\u00e9pondu que rien n'avait \u00e9t\u00e9 fait. Le probl\u00e8me, c'est justement que, dans les domaines relevant de ses comp\u00e9tences, le gouvernement f\u00e9d\u00e9ral ne fait g\u00e9n\u00e9ralement rien.</p>\n<p data-HoCid=\"1305198\" data-originallang=\"en\">Pendant ce temps, au Qu\u00e9bec, Vincent Lacroix est en train de purger une peine d'emprisonnement de dix ans pour fraude gr\u00e2ce \u00e0 l'application rigoureuse et coh\u00e9rente des lois relatives aux valeurs mobili\u00e8res dans la province. Cela n'enl\u00e8ve cependant rien \u00e0 la capacit\u00e9 d'intervention du gouvernement f\u00e9d\u00e9ral. Rien n'emp\u00eache les provinces de collaborer. Dans ce domaine, le gouvernement f\u00e9d\u00e9ral peut jouer un r\u00f4le de facilitateur. Bien des initiatives peuvent \u00eatre men\u00e9es \u00e0 bien de cette fa\u00e7on, mais ce n'est pas de cela dont il est actuellement question.</p>\n<p data-HoCid=\"1305199\" data-originallang=\"en\">Les dispositions d'adh\u00e9sion au r\u00e9gime propos\u00e9 par le <a data-HoCid=\"78777\" href=\"/politicians/jim-flaherty/\" title=\"Jim Flaherty\">ministre des Finances</a> n'am\u00e9lioreraient en rien le syst\u00e8me d\u00e9j\u00e0 en place. Les int\u00e9ress\u00e9s ne sauront tout simplement plus quel est l'organisme de r\u00e9glementation. Dans le pass\u00e9, toutes les poursuites dans le cadre du scandale des commandites ont \u00e9t\u00e9 intent\u00e9es par le gouvernement du Qu\u00e9bec. Le gouvernement f\u00e9d\u00e9ral n'en a intent\u00e9 aucune. Vincent Lacroix fait l'objet de centaines de poursuites au criminel. Pourtant, on attend toujours que le gouvernement f\u00e9d\u00e9ral entame le premier proc\u00e8s sur la premi\u00e8re infraction. Le gouvernement f\u00e9d\u00e9ral a vraiment un bilan d\u00e9sastreux... </p>"
    },
    "url": "/debates/2009/2/24/thomas-mulcair-4/",
    "politician_url": "/politicians/thomas-mulcair/",
    "politician_membership_url": "/politicians/memberships/826/",
    "procedural": false,
    "source_id": "2613093",
    "h1": {
        "en": "Government Orders",
        "fr": ""
    },
    "h2": {
        "en": "Business of Supply",
        "fr": ""
    },
    "h3": {
        "en": "Opposition Motion\u2014Securities Commission and Equalization",
        "fr": ""
    },
    "document_url": "/debates/2009/2/24/",
    "related": {
        "document_speeches_url": "/speeches/?document=%2Fdebates%2F2009%2F2%2F24%2F"
    }
}