Madam Speaker, I think the hon. member asked me two questions. I have a problem with moving it from 10% to 20%. I am not as concerned by that aspect given the fact that the Canadian banking sector has indeed far more foreign investment, far more foreign competition, far more foreign involvement than it had before. If that is a result of the situation then in order to maintain our sovereignty we need strong Canadian banks. My initial reaction to 20% is that I am not overly concerned about it. That is something that we can flesh out during the clause by clause process.
To address the hon. member's second question, I think the 65% issue is a very real concern. Perhaps it is potentially something that should be discussed and addressed at the committee level, particularly relative to the National Bank or the Laurentian Bank. It is something that warrants further debate. I am not at all close to investigating the 20% ratio to the same degree, but I can see where 65% is an area of concern as a start.