Mr. Speaker, Canadians are very concerned about high service fees at the banks, about the lack of credit for small business and about the virtual monopoly hold the big six banks have on our banking system. This is why it is particularly alarming to see the Royal Bank and the Bank of Montreal on television making banking policy while the finance minister is at home brushing his teeth.
Who is really setting policy here? Is it the Royal Bank and the Bank of Montreal or is it the government? Who is setting policy on banking?