This bill is from the 39th Parliament, 2nd session, which ended in September 2008.
Pat Martin NDP
Introduced as a private member’s bill. (These don’t often become law.)
Outside the Order of Precedence (a private member's bill that hasn't yet won the draw that determines which private member's bills can be debated), as of Oct. 31, 2007
(This bill did not become law.)
This is from the published bill.
The purpose of this enactment is to establish the position and Office of the Credit Ombudsman, who will be an advocate of the interests of consumers and small businesses in credit matters and who will investigate and report on the provision, by financial institutions, of consumer and small-business credit on the basis of community, industry group and sex of the applicant, in order to ensure equity in the distribution of credit resources.
Financial institutions that fail to improve credit policies and practices on the request of the Credit Ombudsman will be reported to the Minister of Finance, and the report will be referred to the Standing Committee on Finance for investigation.
All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.
Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-471s: