Thank you, Mr. Chair.
Thank you for the time you are giving me.
This is a notice of motion that I submitted on March 22, 2017. It deals with the testimony obtained by CBC/Radio-Canada from employees of the major Canadian banks. They gave testimony about questionable, sometimes even completely illegal, commercial activities.
Following that evidence, the public reacted to the behaviour of Canada's major banks. That's why I'm encouraging the members of the committee to call as witnesses representatives from those banks, namely TD Bank, Royal Bank, Bank of Montreal, CIBC and Scotiabank. It would also be appropriate to invite the Canadian Bankers Association, as well as anyone whom the committee deems appropriate.
A subcommittee could discuss it and decide which witnesses would be appropriate to invite. The committee must ensure that there is compliance with the Bank Act, that consumers are protected and that those sorts of activities will never happen again. We must determine how those activities can be prevented by enforcing the legislation.
So I invite all my colleagues to support the motion. I'm not constrained by tight deadlines. I'm open to any proposals. I don't intend to insist that we delve into it at the next meeting, but I would at least like the committee to show a sign that it's interested in the issue and that, in due course probably after the study of Bill C-44, it might be able to undertake the study. This will mean inviting representatives from the banks in question and recommending amendments to the Bank Act. I hope to obtain the support of all my colleagues to do so.