My colleagues have laid out many of the arguments in favour of this motion, but really, the information we have to date about executive compensation at the bank and these severance or bonus arrangements has come through access to information requests, not the bank's own disclosure. There's this $3.8 million. We don't know how many people have received compensation and under what terms, or what policies guide performance bonuses.
What we've heard today at committee are really two stories. We're hearing a story from Mr. Cory that the bank is on track, that it's a stunning success. This model is going to be tremendous in the future. Then we read the PBO's report, which paints such a starkly different picture.
If the bank indeed feels that it's being successful and it's on track, and if it is rewarding its executives with performance bonuses before letting them go, it's strange that they keep leaving. Usually, if you're successful, you would keep the same people in place. Canadians deserve to know exactly what's going on here, because it doesn't add up.