Mr. Speaker, people are not at all at the mercy of large banks. Rather, Canada has the soundest banking system in the world. Our country is doing better than any of the industrialized countries because our financial system is very sound. Of course we will respect the provinces. We respect the ruling given by the Supreme Court in this regard. In our opinion, what is important here is the entire country's economy. We would not have been able to create 750,000 jobs since July 2009 if we were not making good decisions. Of course we are going to continue to work well and co-operate with the Government of Quebec.
In the House of Commons on June 8th, 2012. See this statement in context.