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Finance committee The second line of that song was “What it is ain't exactly clear”. Obviously there is a worldwide movement going on here, and we're listening very carefully, very closely. There are people with concern. Obviously there's a lot of uncertainty about the economic future, and we have
October 18th, 2011Committee meeting
Terry Campbell
Finance committee I think there is evidence. On your point about sitting on a lot of cash, we've seen the private sector increasingly ramping up their investments over the last 15 months. It isn't just me saying this. No less of an authority than the Governor of the Bank of Canada said last week
October 18th, 2011Committee meeting
Terry Campbell
Finance committee There were many lessons out of the financial crisis, but one of the key lessons was the critical importance of having a coherent, strong, focused, regulatory system. We have that on the prudential side in Canada and on the consumer side, but we do not have that on the security si
October 18th, 2011Committee meeting
Terry Campbell
Finance committee Thank you. Good morning, everyone. Just when the CBA had submitted its pre-budget consultation brief to the committee, the global economy entered a troubled phase. There is no longer any doubt about the increase of economic uncertainty around the world. As we all recently lea
October 18th, 2011Committee meeting
Terry Campbell