Mr. Speaker, I thank the NDP member for his comments. I must say that it is very hard to defend the indefensible. Sometimes it is so frustrating that there is no point. I think that is what is happening with the Conservative Party: it is defending the indefensible.
I remember it used to be that when a bank was bringing in $1 billion in profits a year, that was a lot of money. I think that was the case not too long ago. Now, we do not talk about $1 billion in profits a year, but $1 billion in profits in a quarter, in a three-month period.
Furthermore, it is clear that these banks also take advantage of tax havens, which enables them to make even more profits and to provide more assistance to the people who also benefit from tax havens. It is a vicious circle.
The mini-measures announced are a smokescreen, a cover. They are a bunch of nonsense.