This must be based on uniform principles, which are applied appropriately, taking into account the size and complexity of the issuer. And our securities laws must be consistently enforced.
Just as Alberta played a lead role in reshaping the Canada Pension Plan to make it a model for the world, I trust that the Government of Alberta and the Calgary business community will play a lead role in establishing a uniform framework for securities regulation in Canada – a framework that will help to develop this city's potential beyond the oil and gas sector.