Mr. Speaker, between defending people and defending banks, the Liberals' choice is clear. Between protecting workers, low-income earners, and average consumers, or protecting the huge dividends of Canada's financial elite, the Liberals did not hesitate. They sided with those who could line the party's coffers.
Bill C-29 allows banks to get around the Consumer Protection Act. What a nice Christmas present for the fat cats on Bay Street. There goes any chance of a class action suit ever being filed by small investors who are being ripped off with feeble interest rates on their savings and exorbitant interest rates on their loans. This is setting us back 50 years.
This government did not learn a thing from the financial crisis. Congratulations. Off come the masks. Nothing has changed. This government is the government of banks and oil companies, not of real people.