moved for leave to introduce Bill C-343, an act to establish the office of Credit Ombudsman to be an advocate for the interests of consumers and small business in credit matters and to investigate and report on the provision by financial institutions of consumer and small business credit by community and by industry in order to ensure equity in the distribution of credit resources.
Mr. Speaker, this bill would give not only the consumers of Canada but small businesses in this country an avenue in terms of problems they may be having with credit vis-a-vis the large financial institutions of the country. Again, it is a very sensible idea.
(Motions deemed adopted, bill read the first time and printed)