Mr. Speaker, first, in terms of international financial architecture as we face this crisis, it is important to realize that the recent meeting of the G-20 in Washington is instructive for a couple of reasons.
First, the G-20 was a Canadian invention by the former minister of finance, Paul Martin. To see the G-20 go from being a meeting of finance ministers to now a full-fledged meeting of heads of countries is important. As we see the credibility that the G-20 has earned, and is earning, it will be critically important. That is something of which we should be proud.
It is also instructive that at that meeting the only disciple left, in terms of George Bush's economy approaches, is the Prime Minister.
I have one final point. There is a lot of pressure being put on global leaders now to come up with solutions. They are talking about Bretton Woods too. Bretton Woods took three years of preparation and three weeks of meetings to develop solutions at that time. We cannot expect overnight solutions.
However, I hope, as we are dealing with the current market failure of—