Mr. Speaker, I appreciate the work my colleague does on the government operations and estimates committee.
As I said in my opening remarks, since being elected in 2006, our government has taken many important steps to address consumer concerns and make financial services products more consumer friendly. I mentioned that we have introduced new credit rules, such as requiring consent for credit limit increases, a minimum 21-day grace period on new purchases, full disclosure for consumers, and limiting other anti-consumer business practices.
We have also brought in the code of conduct for the credit and debit card industry. This helps small businesses deal with unfair practices.
The bill addresses the concerns of consumers. It also ensures that we have a strong financial sector.