Mr. Speaker, it is nice to know the hon. member is an expert on how the CEOs of the banks react to the admonitions of government. Unfortunately he is not an expert. Let me tell him that the CEOs of the banks have taken the admonitions of the Minister of Finance and myself seriously. That is exactly what we told them. We told them that they have to change. We told them that shortly after we were elected and we told them at meetings again and again.
Let me assure the hon. member that there have been far more initiatives put out by the banking industry since this Liberal government was elected than have been put out by that same industry-