Mr. Speaker, I thank my colleague for his overview. He had some good points underlining where we stand on the balance sheet, but I have some problems with some of the assumptions he made in his comments. He made it sound as if we are doing well and have done well through the 2008 period because of the government's policies.
In fact, it was in spite of many of the people who sit on the front bench, not because of them, that we are doing well. He should remember well when there was a push to merge banks, to deregulate. We would have seen the disaster we have seen south of the border to some extent if that had happened, and we withstood the 2008 storm primarily because our banks were capitalized and we did not deregulate and allow these kinds of financial products to come about. I think he should acknowledge that.
He should also acknowledge that there is almost half a trillion dollars not being invested, which was Mr. Carney's point, of course. Where is the plan to get money moving and invest to create jobs, and would he not acknowledge the point I made about the push to merge and deregulate?