Mr. Speaker, I simply point out that there were no ombudsmen in individual banks until this government took office. There was no national ombudsman until this government took office. The industry committee which has been very active in monitoring bank activities did not play that role until this government took office. We do not have to take a back seat to anybody in terms of our control of what the banks are doing.
In the House of Commons on March 31st, 1998. See this statement in context.