Mr. Speaker, then it raises the question of why the government is allowing RBC and TD to walk away from the ombudsman and hire their own practices. It makes no absolute sense. The Conservatives are diminishing the bank ombudsman's powers. Once, though, once upon a time, the head of an investment dealers association told Parliament that the ombudsman should be at arm's length from participating institutions; should be simple, straightforward, and cost-effective; and should be uniform for all institutions to ensure the fair treatment of clients.
Now that CEO has a new job as the Minister of Finance, so does he stand by his own statement or has he forgotten about all of those words and is actually listening to the statements of the Prime Minister?