Finance committee  Mr. Szabo, we have not dealt in our submission anywhere with timing with respect to reducing the deficit. I don't think you can draw that from anything. I think the point about this suggested review of the income tax system—and as I said, I can provide you with more detail on thi

Finance committee  Okay. Our members feel very strongly that the reduction in corporate income tax should not be delayed, that it is legislated, that it is anticipated. It is a very strong driver of revenue indeed, and one can say that it's going to pay for itself over time in terms of increased t

Finance committee  I think, Mr. Szabo, our recommendation here was to look at a number of linkages, as you can see here. Actually, if it's useful to you, we have a larger, more extensive paper that we can provide that we have done on specifics around retirement income. I think the point here is t

Finance committee  Obviously Mr. Paillé, we must disagree on this point, because I do think enforcement can be much improved across the country. I do believe that some of the provisions that are put into the proposed act that is now under consideration will allow enforcement agencies and police off

Finance committee  Yes, I see that. I'm sorry, Mr. Brison, I thought you were referring to my spoken remarks.

Finance committee  Certainly. I'd like to mention, Mr. Brison, that this submission was done in August 2010. A lot of things have changed since that particular time. The point about Canadian banks and their involvement in any kind of stimulus is really to keep banks open, to keep banks lending.

Finance committee  Yes, Mr. Paillé. I would respond by saying that not everyone is saying that. I would say there are lessons learned from the recent international financial crisis that underline even more the importance of us having a single, unified approach to securities regulation in this co

Finance committee  Excuse me, I didn't say that, Mr. Brison. I only spoke about the tax reduction plan.

Finance committee  Thank you very much, Mr. Chair, and thank you to the committee for allowing us to appear today. I'm with my colleague, Darren Hannah. We are pleased to note that, despite the recent economic instability, our banks have remained robust and are continuing their considerable contr

Industry committee  Let us perhaps take that away, in the interests of time, and get back to you on that point.

Industry committee  It's not the case, Mr. McTeague, so if I did say that, it was in error, and I apologize for that.

Finance committee  Let us perhaps take that away, in the interests of time, and get back to you on that point.

Finance committee  It's not the case, Mr. McTeague, so if I did say that, it was in error, and I apologize for that.

Industry committee  May I ask Terry Campbell to answer?

Industry committee  Once again, as I think I explained earlier, very often people do misunderstand the issue about the relationship to the Bank of Canada rate.