Madam Chair, I will continue on the theme of a free ride for the ultrarich. The federal government, within four days of the pandemic hitting, as the finance minister well knows, offered an unprecedented $750 billion in liquidity supports to the banking industry. That was within just a few days. The profits so far, and we will see further profits announced this week, have been over $50 billion for Canada's big banks. Why were there no requirements in the banking industry at all for Canada's big banks to access these massive amounts of liquidity supports?
In the last few weeks, we have seen Canada's big banks sharply increase their fees mainly on lower-income Canadians. Why has the government not used the tools that it has to crack down on those gouging practices and these fees that are hitting Canadians?