Mr. Speaker, it appears that the member opposite does not have a lot of experience with financial institutions.
Prior to entering this House, I spent five years in public accounting, and one of my tasks was to audit some of the big banks. The member should know that banks, as profit institutions, are very concerned about how they govern themselves and how they win consumers. One of their tasks in doing that is to ensure they are competitive in this unregulated environment. It is regulated in the sense that we protect consumers, but unregulated in the sense that they do not have to comply with a day-to-day regulatory regime as to exactly how they should manage accounting, their fees, and so forth.
Government is not in a position to run the banking business. That is not our task. Let us leave that to the professionals in financial institutions.