Madam Speaker, for a simple question, I have a simple answer: That has not happened.
The reality is that the member is conflating two different concepts. There was direct support to households and businesses, with liquidity support. This has not provided public money directly to the banks, as he suggests, but has instead changed the rules. Sometimes this is done through the Bank of Canada or the Office of the Superintendent of Financial Institutions, not through the government itself, to ensure that banks have the technical ability to extend money to Canadians in need.
For Canadians who may have benefited from a mortgage deferral, for example, some of the liquidity support that has been put in place has allowed the banks to do that. For Canadians who received, from their banks, support to help their businesses stay afloat, the liquidity support has helped banks do that. To suggest that the financial support provided directly to businesses and households is similar in any way, shape or form to a change in the rules that allowed our banking system to get money where it is most needed is simply false.