Mr. Speaker, I hear from the Reform Party that we need more banks. I could not agree more. We need more competition in the banks. The problem is how we do that. If they know of a way or have a formula to create more competition for major financial institutions without putting the treasury of Canada at any greater risk we would be the first to listen. The minister responsible for financial institutions is in the House. He would love to hear how to create more competition for financial institutions within the framework of ensuring the financial exposure of the treasury is not put at greater risk.
The minister responsible for financial institutions is from the banking community but he is not from the establishment. He has always been a reformer-