Speech (House debate)

{
    "time": "2010-12-15 17:30:00",
    "attribution": {
        "en": "Mr. Jim Maloway (Elmwood\u2014Transcona, NDP)",
        "fr": ""
    },
    "content": {
        "en": "<p data-HoCid=\"2260158\" data-originallang=\"en\">Madam Speaker, I listened intently to the member's explanation of how the IMETs were supposed to be working. The fact of the matter is that since they were set up in 2003, and there are six IMETs in place, their record is not all that good. They have only had five convictions in all that time.</p>\n<p data-HoCid=\"2260159\" data-originallang=\"en\">When we look at the United States, in that same period of time the U.S. has had 1,200 convictions, including Conrad Black. He committed all of his white collar crimes in Canada, yet it was the Americans who caught him and put him in jail. He is one of the 1,200 in the United States.</p>\n<p data-HoCid=\"2260160\" data-originallang=\"en\">Clearly, we have to look at the whole regulatory scheme. The regulation in this country seems to be very lax.</p>\n<p data-HoCid=\"2260161\" data-originallang=\"en\"> A recent interview in <em>Canadian Business Online</em> magazine quoted certain people on Bay Street as to whom they are afraid of. They said that it was not the Canadian cops they were afraid of, nor was it the Ontario Securities Commission, which they should be afraid of, but it was the United States Securities and Exchange Commission because it has real teeth. Obviously the Americans have a better system and it has shown results by virtue of the fact that 1,200 convictions have occurred in the United States and we have had 5. </p>\n<p data-HoCid=\"2260162\" data-originallang=\"en\">What is wrong with the system in this country?</p>",
        "fr": "<p data-HoCid=\"2260158\" data-originallang=\"en\">Madame la Pr\u00e9sidente, j'ai \u00e9cout\u00e9 attentivement l'explication du d\u00e9put\u00e9 quant \u00e0 savoir comment les \u00e9quipes int\u00e9gr\u00e9es de police des march\u00e9s financiers \u00e9taient cens\u00e9es travailler. En fait, depuis que ces \u00e9quipes ont \u00e9t\u00e9 form\u00e9es, en 2003, et il y en a six, elles n'ont gu\u00e8re obtenu de r\u00e9sultats. Elles n'ont permis d'obtenir que cinq condamnations.</p>\n<p data-HoCid=\"2260159\" data-originallang=\"en\">Aux \u00c9tats-Unis, sur la m\u00eame p\u00e9riode, il y a eu 1 200 condamnations, dont celle de Conrad Black. Celui-ci a commis tous ces m\u00e9faits au Canada. Pourtant, ce sont les Am\u00e9ricains qui l'ont attrap\u00e9 et incarc\u00e9r\u00e9. Il est l'un des 1 200 criminels \u00e0 cravate dans les prisons am\u00e9ricaines.</p>\n<p data-HoCid=\"2260160\" data-originallang=\"en\">Il va sans dire que nous devons revoir l'ensemble du r\u00e9gime de r\u00e9glementation. Au Canada, la r\u00e9glementation est tr\u00e8s permissive.</p>\n<p data-HoCid=\"2260161\" data-originallang=\"en\">Dans un article publi\u00e9 r\u00e9cemment sur le site <em>Canadian Business Online</em>, on demande \u00e0 des financiers de Bay Street de qui ils ont peur. Ce n'est pas de la police canadienne ou de la Commission des valeurs mobili\u00e8res de l'Ontario qu'ils ont peur, m\u00eame s'ils devraient. Non, ils ont peur de la Commission des valeurs mobili\u00e8res des \u00c9tats-Unis, parce qu'elle a de v\u00e9ritables pouvoirs. De toute \u00e9vidence, les Am\u00e9ricains ont un meilleur syst\u00e8me, car ils ont obtenu 1 200 condamnations alors que nous en avons obtenu cinq.</p>\n<p data-HoCid=\"2260162\" data-originallang=\"en\">Qu'est-ce qui ne va pas avec le syst\u00e8me canadien?</p>"
    },
    "url": "/debates/2010/12/15/jim-maloway-1/",
    "politician_url": "/politicians/jim-maloway/",
    "politician_membership_url": "/politicians/memberships/1111/",
    "procedural": false,
    "source_id": "3690243",
    "h1": {
        "en": "Government Orders",
        "fr": ""
    },
    "h2": {
        "en": "Standing up for Victims of White Collar Crime Act",
        "fr": ""
    },
    "document_url": "/debates/2010/12/15/",
    "related": {
        "document_speeches_url": "/speeches/?document=%2Fdebates%2F2010%2F12%2F15%2F"
    }
}