Finance committee  I'd actually say almost none. Again, I'll point back to the fact that probably the biggest challenge is that at one time the pillars in our financial services industry were very distinct. Again, not slighting the big banks, they're an important part of the success of the country,

Finance committee  No problem. I think they're two pretty closely interrelated things. Peter, a simple example would be a manufacturing company. Their clientele is not 1,000 buyers but five, six or seven buyers. A customer whom they've dealt with for years may have always paid on time, or on 30-da

Finance committee  I would say that the banks have a very important role to play because, as I touched on in my presentation, their syndication departments have become somewhat of an old boys' club—no disrespect intended—primarily syndicating their own products through investment advisers. When the

Finance committee  Thank you, Peter, and thank you for inviting me today. The nuance is probably important to understand because it has continued through the conversation and the questions. I believe the private sector is going to be an incredibly important part of the recovery, and there are a lo

Finance committee  Thank you, Chairman Easter. First of all, I would like to take a moment before making my comments to express some gratitude that I think a lot of Canadians share. My friend and mentor, and a former colleague of many of you, a gentleman by the name of the Honourable Ed Holder,