Mr. Speaker, we have heard a fair bit this morning about how this legislation would protect consumers. I am wondering if the member could speak to the banking system in a more general way with regard to not only the statutory review process but also the fine-tuning versus major overhaul we are talking about today. Why was it necessary? Why was it not a complete overhaul? Perhaps he could speak to the banking system as a whole and what makes it as strong as it is and our government's response to the global financial crisis.
In the House of Commons on March 27th, 2012. See this statement in context.