Mr. Speaker, while the government talks a great line about reducing taxes, the reality is that it is increasing taxes in ways that the hon. member has indicated. It is raising the security fees. There is more than one way to raise taxes. A lot of governments say that they are reducing taxes but meanwhile user fees are going up throughout the whole system of the government.
We say that the financial services industry needs more regulation, not less, and that guidelines should be put in place for bank profits and the salaries of the bank executives.
Why can other jurisdictions in the world operate with reasonable CEO benefits and salaries, where in North America it is the law of the jungle? We have CEOs earning $10 million a year. How is that fair to working people in this country?