Madam Speaker, I am a bit challenged on how to answer the question. It is not my practice to discuss what happens in our private House leaders' meetings. However, the member is asking me to do exactly what I did at previous House leaders' meetings, including one at which he was present. Therefore, I am very perplexed.
We do lay out for the other parties the bills that we have and ask them how long they would like to debate them. We seek that kind of agreement. That has been reflected in the motions that we brought forward in the House over the past couple of days seeking unanimous consent. The member's own party has actually been somewhat co-operative in that process, including on this bill. Therefore, I find his question very puzzling. He is asking me to do what we have been doing so that his party could do what he said it would do, which it did in fact do.
Our problem is there is another party whose sole objective is to run up the score and compel time allocation in every case. It is good that its members take that position, that this is a routine bill and a technical bill that should be dealt with quickly. I am glad that the Liberals take that position because in fact it is. However, it is also a critical bill because it is time limited.
The existing act that regulates our banking sector sunsets in April. It is designed to sunset every five years. Some people might think that is extraordinary, but it has actually been praised by world financial authorities as a system that ensures that we are not stuck with old rules, that when we see problems we are compelled to correct them. It has helped to make Canada's banking system the strongest banking system in the world.
However, it means there is an obligation on each and every one of us here in this Parliament to ensure that we do our work, that we do a review, that we send it to committee, and that we do pass legislation before that deadline.