Mr. Speaker, I agree with my hon. colleague.
The message sent when the amount was not increased is not the most positive message that could have been sent out. I hope the government will take a responsible approach and ensure that diversification of the availability of financing comes through clearly in the decisions to be made in the next few weeks or months about the regulation of financial services. The framework of the Canadian banking system should be completely overhauled.
Our only goal should not be to please the banks, which, under the current system, think that mergers are the only way out. Let us climb back up the hill to get a better view of the forest and ask ourselves if it would not be better for the future to change the whole regulatory framework to allow for great competition. In a new regulatory environment, mergers may not be the best option available. Each of the stakeholders will benefit from the new solutions that will be brought forward.