Finance committee  Scotiabank.

Finance committee  That's what they say the problem was.

Finance committee  In the offer that took place yesterday, the amount of notes the Canaccord customers get in the restructuring has been bought by an unnamed buyer. We surmise that the unnamed buyer either is a member of the pan-Canadian committee or is Scotiabank or another bank and has decided to

Finance committee  I believe that was one of the conditions the international banks and the banks sought to protect their loans. They didn't want the Mileses to take their cash out when the various mortgages matured, because they would want the cash to make sure the cushion remained within these th

Finance committee  It's my belief that had Brian Hunter not set up Facebook, had my husband and I not become aware of the group, and had we not engaged in a fundraising process to seek legal counsel, it was the intent of the pan-Canadian committee and Mr. Crawford to enter a vote without their havi

Finance committee  Yes, and I'd like to add that we are not paid to be government regulators. OSFI has paid staff; provincial securities commissions have paid staff; and even you yourselves, as members of this committee, are paid. All the people who have been scrambling to provide investor protecti

Finance committee  Subject to the clearance from our lawyer, we do have documentary evidence that indicates that Canaccord brokers were sending e-mails and other written documentation to the customers indicating that this asset-backed commercial paper was triple-A rated, that it had better liquidit

Finance committee  You would call the president of Dominion Bond Rating Service. You would be calling the senior officers of Deutsche Bank, HSBC Bank, and Merrill Lynch. You would be calling the senior executives, particularly the head of risk management, for Scotia Capital, and also for the Nation

Finance committee  Yes, I can, subject to my speaking to legal counsel. This is an affidavit that will be filed in the court next week, so I may ask for the allowance of our counsel, Juroviesky and Ricci LLP, and Shibley Righton LLP, who is preparing the affidavit as we speak.

Finance committee  I would add that the offer is a good start, because it is proposing to give par, plus accrued interest, and pay legal costs for 1,400 families. However, there are 1,800 families. So we need to get back to the negotiating table and complete the offer. The other 400 families need t

Finance committee  I had said in my remarks that I believe the House of Commons should rescind Bank Act regulation B-5, which allows this kind of unacceptable Canadian no-use liquidity agreement. We need to have an act that requires that if the banks sign a liquidity agreement with their name on it

Finance committee  On his issue? Okay, I'm sorry. I wanted to get to some specific changes.

Finance committee  There are two things that must happen to deal with the fraud aspects of what has happened. I believe the top priority is to create—not to fix, because it is non-existent today—a Royal Canadian Mounted Police integrated market enforcement team that works with the white-collar fr

Finance committee  Thank you. I am an independent financial analyst speaking today on behalf of the retail customer group. It's 1,800 families, it's approximately $350 million. Yesterday an offer was made; the offer is incomplete. The banks and other brokerages need to come to the table and compl

Finance committee  I get a lot of e-mail, just as I think many people around this room get e-mail. I find it offensive to be called names. I don't think people in political life, or people such as me, who are experts and work pro bono for a serious cause in the community, deserve to get that kind o