Mr. Speaker, the hon. member's question is very pertinent. It forms an important part of the overall plan to help small and medium size business create jobs. The industry ombudsman will serve as a final court of appeal from individual ombudsmen appointed by individual banks.
Businesses must have recourse if they are to be treated fairly. Small business wants impartiality, objectivity, transparency and uniformity in the handling of its applications for credit. That is what small business wants and that is really the system that the overall ombudsman will ensure small business will have at its disposal.