Madam Speaker, the question from the parliamentary secretary is one that does not get a lot of coverage and has not been talked about as much. Part of the reason is that credit unions are owned by the people in the community who are the users. The profits go back to them, so they can, yes, provide some innovation. Sometimes their margins are very close to those of the banks. One could argue that there could be more competition there.
At the end of the day, the real benefit is the fact that the people who are part of a credit union are also shareholders; that is the difference. Banks have private shareholders who could be based in different places all over the planet, and not everybody can be part of that by buying stock options and so forth, whereas when people join a credit union, they become a member and contribute to their own wealth through the different services.