Mr. Speaker, that has been proposed by the government over this last week several times. Obviously, the member did not pay attention to my speech with regard to the inadequacies of the bill and where the amendments need to, in particular, address the issue of real estate fraud.
I am very conscious of the impact this has on victims. I am very conscious that the impact is most severe when people lose their homes, as opposed to getting an extra $5,000 they have to pay back on a credit card or having their bank account stripped of all the money. That may be $5,000, but losing a home is anywhere from a couple of hundred thousand dollars to as much as a million dollars because of this.
The bill does not go far enough. For that reason alone we need to take a look at it. We need to hear from the credit granting agencies in this country because it seems to me they have additional requirements to make. Passing the bill as it is now would not address adequately the problems we are confronted with.