Mr. Speaker, once again it is an honour to highlight our government's strong record in boosting the financial literacy of all consumers.
In basic terms, financial literacy means having the knowledge, skills, and confidence to make responsible financial decisions. It is essential to the prosperity and financial well-being of Canadians, and therefore our country. While governments clearly have a role to play, and this government has played its part, protecting consumers must include giving them the tools they need to protect themselves.
I want to acknowledge the excellent work in this area by my friend and colleague, the hon. member for Edmonton—Leduc. In November 2011, he introduced private member's motion M-269 to help improve financial literacy in Canada and give Canadians valuable tools to help them make better informed financial decisions.
In March 2012, that motion was approved by the House of Commons.