Mr. Speaker, I thank the hon. member for his speech. It is always lovely to hear from a fellow British Columbian in this chamber, speaking up for the province we know and love.
I would like to ask the member specifically about a provision to the budget implementation act pertaining to the bank recapitalization regime, otherwise known as the bail-in. That particular provision takes up about 20%, if not 25% of the actual budget implementation act. I would like to know, has the member opposite heard from his constituents? Has he heard concerns regarding this?
Obviously, it sounds like a very eloquent regime. However, would the member agree that this particular kind of measure is untested in the G7, and I would say probably in the G20? Does he have any concerns about this type of legislation, and does he feel that more discussion needs to be made on this particular provision?