Setting an example for Canada

In 1994, Australia replaced it's Oath of Allegiance with a Pledge of Commitment as a Citizen. Introducing the legislation, the Minister for Immigration and Ethnic Affairs, Senator the Hon. Nick Bolkus said:

"We need to have an oath of allegiance which reflects the core values of Australia and which is a bonding instrument, and we can do this without any disrespect to our sovereign."

• Pledge of Commitment - Option 1
  
  From this time forward, under God, I pledge my loyalty to Australia and its people, whose democratic beliefs I share, whose rights and liberties I respect, and whose laws I will uphold and obey.
   
• Pledge of Commitment - Option 2
  
  From this time forward, I pledge my loyalty to Australia and its people, whose democratic beliefs I share, whose rights and liberties I respect, and whose laws I will uphold and obey.

This is Canada's Citizenship Oath.

• I swear (or affirm) that I will be faithful and bear true allegiance to Her Majesty Queen Elizabeth the Second, Queen of Canada, Her Heirs and Successors, and that I will faithfully observe the laws of Canada and fulfill my duties as a Canadian citizen.
   

Which one do you think sounds more like an independent, 21st century nation, confident of it's identity and unique place in the world?