Mr. Speaker, again I am assured that the exposure of our major financial institutions to the risks the member has just described is well within their ability to handle.
A number of banks are involved in mutual funds. In terms of the major hedge funds the hon. member probably saw the report where the Toronto-Dominion Bank refused long term capital, which is the hedge fund in most difficulty, because it had prudent policies in place. I am assured that is common throughout our banking system.