Mr. Chair, Bank of Canada Governor Mark Carney recently gave chartered banks some free advice. He told them they would do well to make cuts to their own compensation and senior management. When you know that Canada's chartered banks raked in $15 billion in profits during the first 9 months of the year, you are not supposed to worry because they have promised to share those profits with themselves in the form of $7.5 billion in executive bonuses.
Mr. Leitao, what do you think of Mr. Carney's comment?