Mr. Speaker, first we must define the problem.
Let us define the issue here. This may seem like an anodyne bill, but in fact at its core it has a very essential contribution to make. It is really a question of fundamental literacy. We can talk about literacy in general terms with regard to reading a book or a document, but literacy goes fundamentally deeper than that. Literacy eventually is also an issue of justice.
I found a particular quote from Globe and Mail finance columnist, Rob Carrick, which is quite revealing about this particular bill. He says, “it's disappointing to see banks, advice firms, investment dealers and mutual fund companies treated solely like part of the solution to the lack of financial literacy in Canada, and not part of the problem as well—