Thank you, Mr. Chair.
Just to pick up on what my colleague said, although there was quite a lengthy delay, it was the publishing of the report on financial literacy that prompted this legislation. The report is very clear that the task force recommends that the Government of Canada establish an advisory council on financial literacy. Their goal in saying that is that it should be a forum for collaboration and provide ongoing financial literacy advice on the implementation and evolution of the national strategy as well as have a council membership that reflects the diversity of stakeholders with an interest in the national strategy.
Now here we are: not only do we not have a definition of what the financial literacy leader should be doing, but there is no clear requirement that there be a diversity of advice or opinion going forward to the financial literacy leader.
It seems to us that this is a very important recommendation. Financial literacy is not just about the banks and it's not just about the financial sector; it is about Canadians right across this country, and their views and their representation come from a diversity of voices. We think that establishing this advisory council is really fundamental to the success and optimal usage of this new position.
We feel very strongly that my colleague has put forward a key amendment.