Mr. Speaker, once again I will reiterate that of course everyone in this House agrees that financial literacy is important; however, the bill does not express that in its mandate. The hon. member talks about collaboration and coordination. It does not specifically talk about the recommendations that were brought forward by the task force. We cannot go with, “Trust us, it's in there”. We have too many examples where it has not happened.
We are saying that right now as it is presented this bill does not do what it is supposed to do, which is provide a complex and mandated way forward for Canadians to improve their financial literacy.