Mr. Speaker, I thank the member for bringing the debate back to a reasonable level.
First I have a comment and then a technical question on the Bank of Canada.
The member pointed out one of the flaws in the budget related to the territories when he explained that the funding for public transport and police was on a per capita basis. As he knows, we do not have very many per capitas so that turns out to be roughly $180,000 for the territories which are somewhat bigger than every country in Europe. We get in the order of one police person and expenses, which is not significant and not sufficient.
Because the member is the Parliamentary Secretary to the Minister of Finance, my question is more of a technical question relating to the changes in Bill C-50 in relation to the Bank of Canada.
The bill provides more flexibility for the Bank of Canada in its investments or more modernization so it can use new tools. I would like the hon. member to explain to the public, which would always be worried if our finances could be invested more liberally, what protections these new changes would bring to the Bank of Canada to ensure these investments would still be safe.