Mr. Speaker, one has to wonder if the minister's comments here today were also vetted by the billionaires who want to set up this bank.
According to documents obtained by The Globe and Mail, those billionaires who will profit off this taxpayer-funded bank are directing staff and officials in the minister's office on its design. Their instructions are simple: they get all the profits, and taxpayers get all the losses.
Why is the government giving 35 billion tax dollars for a bank that is of billionaires, by billionaires, and for billionaires?