Mr. Chairman, I certainly appreciate my colleague's concern for the consumer, and I think it's something we all need to be aware of. But 24 hours just isn't prudent. We don't even have automatic electronic cheque-imaging yet. That's just being put into place in this act. We don't have it yet. So requiring the banks to have a 24-hour turnaround hardwired into this act would simply be extremely imprudent. I think it's just not a reasonable request.
On February 20th, 2007. See this statement in context.