Mr. Speaker, a Senate initiative is going on. In the budget, the government promised that a task would be coming soon. A motion is before the House that calls for introducing legislation within six months, which will take some time thereafter.
My concern is that the problem is a today problem and we need a comprehensive approach to dealing with the identified problem. One of those problems, to which I think the member alluded, is the need to get the banks on-side now. I do not think we need to wait until we study something and get more information. We can start now, if there is a political will within Parliament, to step forward, to get those consultations with the banks going and to deliver a solution that will save these people who are going to lose everything. Many people will lose everything within a matter of weeks and months.
There is a need for short term action, as well as medium and longer term action, but there is nothing on the table now to deal with the short term. I really think Parliament must indicate its concern about consumer debt problems.