I apologize, Mr. Speaker.
My question is for the Minister of Finance. Not only have the six largest banks made record profits of over $4 billion, but they are also holding Canadians for ransom with high interest rates.
A study done by his own department points out that the top four banks hold 53 per cent of depositor assets. Inflation is at an all-time low, yet we are still being stung with a high interest rate policy that will stifle our economy and add to our debt.
Will the Minister of Finance direct the finance committee to hold a full investigation into bank practices and profits to ensure the banks pay their fair share of taxes?