Thank you, Mr. Chair.
I think I need to go back and reflect on some of the comments of my colleagues that really we were just creating a job description and doing nothing more.
First, and I think Mr. Rudin did talk about it a little bit, to actually create this role within legislation as opposed to a position being created.... Could you perhaps talk about that?
I also note that this legislation also adds to the existing objects of the Financial Consumer Agency of Canada.
Perhaps you could speak to those two things and really share why this is such a great and important first legislative step in terms of moving forward on this particular initiative.