Thank you.
Good afternoon to all the witnesses. Thank you for being here. Thank you for the work you do.
We've had a couple of discussions about financial literacy in different forums. We, of course, supported the task force and its 30 recommendations. The chair of this committee, Mr. Rajotte, had a motion on financial literacy that we were supportive of.
We've been critical of this bill because it took the first recommendation about creating the financial literacy leader but didn't bring any of the other recommendations from the task force report. The FCAC does terrific work and award-winning work, including work on financial literacy, but our concern is that this leader will be there, as my colleague said earlier, without terms of reference and without a very clear mandate. With that kind of openness, perhaps you're able to achieve things and perhaps not.
The statement was made earlier that we should enshrine the leader in law. We do support that, but we're wondering whether you also agree that another recommendation, which was to enshrine the advisory council in law, would be a good step as well, to make sure that those of you who are experts in the field of financial literacy are there to guide and provide ongoing support for the leader when he or she is in place.
That's for any one of you.