Mr. Speaker, my question is for the Prime Minister.
The $7.3 billion merger of Great West Life and Canada Life will create the largest life insurance company in this country, with assets of over $150 billion. That may seem attractive to shareholders, but my concern is for the 21,000 people who work in those companies, including 900 who work in Regina.
This merger requires the approval of the Minister of Finance. Will the minister assess the merger in terms of job losses as he would for banks and make a condition of his approval the job security of all Canadian employees?