Mr. Speaker, there has been widespread media attention to this. Some of the provinces, such as New Brunswick, state that they welcome the news about the introduction of legislation at the federal level. Others say handing the regulation of payday loans over to the provinces is the best thing the federal government could do to fix the situation that has allowed financially troubled consumers to be victimized by predatory lenders.
When the hon. member makes his case, he does it very logically and fairly. I hope that hon. members of the House would consider that.