Mr. Speaker, as my colleague knows, the government is supportive of the motion presented by the NDP, but we do need to bring some sense of reality.
Canadians should be proud of the fact that for seven years in a row the World Economic Forum has recognized Canada as having the best banking system in the world. We can get basic major banking services for $4 or less a month. We have a 21-day grace period for credit card payments in this country, which is something that was brought into force by this government.
About people saying “bank profits” and “banks exceeding”, we cannot see this as banks over here exceeding. I recall my father, who is a retired schoolteacher, complaining about this one time. I said to him, “Dad, let's go look at the Alberta teachers' retirement investments on the website”. It was bank after bank. I said, “Dad, your defined benefit pension plan is in part directly linked to banks doing well in this country”. We are very much linked in this Canadian society.
If we look at the Canada pension plan investments, something that the opposition members want to increase, we see that the Canada pension plan has loads of investments in our major banks. I would like the member to stand up and add a bit of balance to what he is saying in being so critical of the banking sector in this country.