Thank you, Mr. Chair. As always, it is a pleasure to meet with all of the witnesses.
Our time is quite limited. Therefore, I will begin with a comment directed to the Canadian Paediatric Society. Thank you for your presentation, Dr. Pekeles. You work in the medical field and you have focused on early childhood education needs, emphasizing that quality, well-funded programs are needed. You also spoke of the long-term effects. We often speak of sustainable development strictly in terms of the environment, but you have reminded us that it is important to invest in our children to ensure the well-being of future generations. Thank you for your clearly worded message.
I would also like to thank Mr. Pineau for providing such a sound answer to Mr. Wallace. Kudos to you.
It is always a pleasure to see you, Ms. Reed, Dr. Bose. To my mind, Option consommateurs is the most important consumer watchdog group in Canada, as your presentation has once again demonstrated.
Recently, our party has identified a number of areas on which the government should focus and work in the public interest. One such area is employment insurance. There has been some movement on that front. Two other areas are better pension protection and the credit card system. The former does not concern you, while the later does.
I want to be certain that I understood your message clearly. You say that the government needs to act now on the credit card issue, not only in terms of educating and informing the public, but also in terms of directly informing them of abusive interest rates that are currently charged. Is that correct?