Mr. Speaker, with respect to that banker, the government's logic says that Canadian banks were effective during the last crisis and therefore it refuses to change any aspects of bank taxation. It does not want to change what it believes is working very well.
If this logic applies to banks, why does it not apply to securities commissions? Why dismantle something that worked so well during the recent crisis? Unless the Parliamentary Secretary to the Minister of Finance is using twisted logic, why would the logic that applies to Toronto not apply to Montreal, Calgary, Winnipeg or Edmonton—to his hometown or mine?