Mr. Speaker, the simple answer is that all proper disclosure will be made. The amendment was passed by the committee simply to ensure there was no unnecessary red tape or redundant regulatory burdens put into place. On the one hand, we wanted to ensure that the act would ensure that consumers have full and greater disclosure but not in a way that would unnecessarily introduce red tape, which accomplishes nothing for consumers and causes more cost and inefficiency for banks.
It is a good balancing act and I think the member will support that as he considers the good balance that has been struck by the committee at report stage.