Thank you, Mr. Chair.
Good morning, Mr. Carney and Mr. Jenkins.
Mr. Carney, yesterday, you delivered a speech to the Autorité des marchés financiers in Montreal.
The newspapers are carrying a summary of your speech. First, you said that you were a little skeptical of financial institutions. You said that they have to change their attitude. Second, you say: “Financial institutions need to demonstrate an awareness of their broader responsibilities.”
When I read that sentence, I was a little surprised. I was particularly struck by the word “broader”.
In your view, how have the responsibilities of financial institutions become broader than those they had before the crisis? What are you looking for from financial institutions in this context?