I'd just like to say briefly that I can't support this motion. I have a problem that we're singling out one sector of the financial institutions. We don't talk about the credit unions or the white labels, for one thing.
But my main point is about what we've heard here at the committee when we heard the Competition Bureau talk about taking their initial look at it and how they then permitted the white labels and got the industry to be competitive. I think it resolved the problems that were there at the time.
The two remaining questions I have I don't think are the work of the committee. First, is there true competitive behaviour? The Competition Bureau can handle that. I don't think we have to go through the figures of the banks and the other financial institutions. The second is the question of the captive markets--universities, airports, and all those questions--and from the information we've had, the banks weren't overly participating in that one; it was the white labels.
So for those reasons, I won't support it.