Madam Speaker, my colleague has done a lot of work in raising awareness on issues with respect to credit cards and debit cards. He has had some influence in causing the government to take real action in terms of the voluntary code for credit cards. In fact, it was endorsed by the Canadian Federation of Independent Business. This was a huge step forward, as was the 21-day grace period that was introduced by the Minister of Finance, and the protection of the debit system, as it currently is in Canada, not moving toward a percentage base but keeping it at a flat fee. These were all excellent decisions made by the Minister of Finance and I think the member would certainly applaud them as being good initiatives.
In terms of the actual recommendations in the report, I would point to a couple of them. Recommendation No. 9, in terms of the Government of Canada promoting financial literacy through federal programs to reach Canadians directly such as employment insurance, old age security, CPP, universal child care benefits and that the provincial and territorial governments do the same.
A lot of these programs help very low-income Canadians. This recommendation is specifically saying that we need to get information, not only in terms of how to access the benefits but in terms of how best to use those benefits. These are actual issues that impact Canadians very directly.
I would encourage the member to review the recommendations in full because there are some initiatives that have a direct impact at the bread and butter level.