Mr. Speaker, the government of the United Kingdom had to bail out banks. In fact, it had to nationalize banks.
On the contrary we have one of the best financial systems in the world, not only in our banking system but in our insurance system. Canadians can be proud that we weathered the recession and we are recovering with a strong system of financial institutions that employ tens of thousands of Canadians.
Building our financial institutions up is good for the country. It is good for employment. These are high-paying jobs.