Thank you.
I will read the motion, since that has not yet been done.
Department officials from Justice and Industry have fully explained the rationale for Bill C-26, an Act to amend the Criminal Code (criminal interest rates), and its benefit for the protection of Canadian consumers. This bill is supported by the payday lending industry as it gives legal certainty to the industry. Bill C-26 is generally supported by the provinces because it allows them the option to regulate payday lenders through an exemption from section 347 of the Criminal Code to those that have measures in place to protect borrowers. I move that the committee is ready to continue through the clause-by-clause review of Bill C-26, with the objective of completing our review, and sending the bill back to the House of Commons today.
Although the motion reads “I move”, I am not really the person moving this. However, I will be moving the following amendments to the motion. I would like to add the words “with the exception of Quebec” after the words “is generally supported by the provinces”; replace the phrase “is ready” with the phrase “is not ready” with respect to the clause-by-clause review; and replace the word “today” with the words “at a future sitting”.
I would like to know whether my amendment is in order.