Mr. Speaker, the world has just been through the most serious credit crisis in at least a generation. Fortunately, in this country, we have a very sound banking system. In fact, the World Economic Forum ranks our banking system as the strongest in the world.
No Canadian taxpayers' money had to be put into our banking system. This is not true in the United States, Great Britain, Germany, France and other places. Some of these other countries are looking at taxing their banks. We are looking at alternative forms of accomplishing the same goal. We will continue to work with our international partners.