Mr. Speaker, I too had a similar reaction when I first read the bill. I thought that this bill had actually become a job posting.
The Conservatives are talking about creating, bringing forward and hiring a new financial literacy leader. As the member mentioned, when we go through the bill, the mandate and the terms of reference are extremely vague. There is no definition in the bill of what constitutes financial literacy. We are not talking about how it is going to be advanced, how we are going to move forward with this. Are we going to have an advisory council like the recommendations from the national financial literacy task force brought forward?
We need to ensure that we are consulting with the people who know how to bring forward the topic of financial literacy. Let us have the business community involved. Let us have industry leaders. Let us have educators. Let us have labour. Everyone who would be involved with this needs to be able to have a say and to guide the financial literacy leader. That is not currently in the legislation. That is why we on this side of the House cannot support it, when there is no mandate and it is just spending money.