Mr. Speaker, I thank my colleague for his speech.
When he spoke about credit unions, he spoke mainly about their size, which corresponds to their value and their revenues.
However, there is another factor that is also important. It applies particularly to caisses populaires, among others. According to the model, the transactions are carried out only by the caisses populaires and not the federations. That means that the taxes will not necessarily apply to the federation, but to the small caisses populaires. The latter will have to do all the additional paperwork.
What does my colleague think of that situation?