Madam Speaker, this relationship is ironic. The member summed up the situation quite well. I will not expand on that, but I do want to note that I was here during the years when John Manley tried to open up the Bank Act. The argument was that we needed to Americanize our banks, that they were too small to survive and their operations were antiquated and that we should open up the Bank Act and make it look like the American one.
The Liberals at the time were looking at it and they had their pals in the Conservative and the Alliance who were basically pushing for this as well. I will give the Bloc Québécois credit. It was a small band of New Democrats that stopped that. Ironically, I had banking officials in my office. They came in to lobby one day and I reminded them of those days. Check Hansard and read the history. They are now talking about how good they are, but it was only because they were stopped from themselves.