Mr. Speaker, the official opposition's policy on bank mergers is very clear. If there is no competition, then there is no merger. On the other hand the Minister of Finance does not seem to have a policy. Why does he not admit that he is using his task force to cover up the lack of a policy? Why does he not admit that he is perfectly happy to let our big banks write the banking policy for this country? That is what he is doing.
In the House of Commons on April 20th, 1998. See this statement in context.