Mr. Speaker, I am pleased to hear my colleague talk about the bill because it recognizes the fact that Canada does have one of the soundest banking systems in the world. This has been recognized by the World Economic Forum for four years in a row.
What we often hear from our colleagues opposite is that they want to raise taxes on job-creating companies. Our government has implemented a low tax plan to create jobs and economic growth, but also to ensure that we have a sound financial system. I am hoping my colleague opposite could tell us a bit more about how the bill enhances the work our government has done to ensure a sound financial system.