Empowering our economy means investing not just in connectivity, but in job creation.

Having heard [the Prime Minister's] chief-of-staff Tim Murphy nod and wink and dress up the Liberal window with future government considerations, can anyone doubt that this is an administration that is just as likely to live and die by the rule that the end justifies the means?

While there is a tradition in this country of funding universities through chairs, research dollars and other sources of income, when provinces choose to take money from funds provided by the federal government and divert them elsewhere, what the province can do is limited.

Difficulties arise because of prevailing uncertainty as regards the way in which "regulated markets" should fulfil their obligations to ensure that all securities comply with the requirements for "official listing" (as specified in Directive 79/279 [10] In essence, the practice to date has been that the regulated market should provide listing functions in respect of all securities which are dealt in on that market. This practice for "regulated markets" officially to list securities prior to trading can add significantly to costs and limit the scope for competing markets and exchanges to admit the same security to trading. admission to listing and admission to trading must therefore be decoupled if more ...[+++] active competition between trading systems is to be facilitated. Furthermore, structural changes such as the demutualisation of exchanges call for a redefinition of how listing and public disclosure objectives are realised. However, before such far-reaching adjustments can be envisaged, an equitable basis must be found for sharing the regulatory overheads of listing and fulfilling related requirements such as dissemination of price-sensitive information. Without appropriate arrangements, profit-driven exchanges may seek to divest costly listing functions, particularly if they perceive competitors as "free-riding" on their listing services. This would jeopardise the important "public good" functions served by listing. Implementation of this approach should be foreshadowed in an updated definition of "regulated markets". It also calls for a re-examination of the provisions of Directive 79/279 [11].

Improved safety and availability of and access to means for self-reliance are particularly relevant to avert secondary movements, and is an important precursor to a durable solution.

The amendment would carry out the government's intent, which is that in willing an end, the government should be prepared to will the means.