Mr. Speaker, I would like to respond to my colleague from the NDP. We definitely have a philosophical difference in how we would like to approach this for the benefit of the Canadian consumer. I am sure at the end of the day the member is thinking of the same thing, how the consumer can be protected, I will give him that but we have different ideas of how to do that. He wants government regulation. I tell him to look back in history and he will find that is not what has worked for Canadians. There are examples that at the end of the day competition, deregulation and less government control have benefited the Canadian consumer and the Canadian public.
Concerning his question about the finance minister becoming a powerful banking czar, I share the same concern with him. We do not want the finance minister to become a powerful czar. Nevertheless we feel that the parliamentary committee could have a role, at arm's length, as I said. It would ensure the finance minister would not have that much of a powerful role. Parliament has to play a role, MPs have to play a role and the committee could play a definite role in ensuring that one person does not have that much control.