Mr. Speaker, everyone knows that the banks are in business with the minister of high finance. The Liberals are not doing anything about tax havens and tax avoidance because it might upset their good friends on Bay Street.
Would using the Canada-wide securities commission to weaken the financial markets' authority make the cigar-smoking friends of the establishment happy? No problem. The minister of high finance will arrange that, and if the banks want to be exempt from the Quebec Consumer Protection Act because they do not like being accountable to ordinary Canadians, then the minister of high finance will arrange that too.
Not everyone can afford to pay $1,500 to attend a cocktail party to meet the Prime Minister or his minister of high finance. At some point, the government will have to stop looking after the interests of its banking friends and start working for ordinary Canadians.