Mr. Speaker, I feel obliged after listening to this hon. member's speech to clarify a few inaccuracies.
First, at the tail end of her speech she talked about the bail-in clause that is in the budget. I would like anyone who is listening to this to totally disregard that statement. Obviously there is a misunderstanding. I would be happy to explain to the hon. member that there is no way on earth that the banks can touch the assets of Canadian depositors. I would think she knows that. There is $100,000 that is guaranteed by the Canada Deposit Insurance Corporation. I would like to reassure Canadians that does not happen. The bail-in we are talking about would use our own contingency capital.
However, I would like to ask the hon. member if she feels she has a better understanding of economics than the top 15 economists who have continually agreed with our budget projections?