Mr. Speaker, I want to thank my colleague for his passion and dedication. I would like to give him some reassurance.
Our goal is very clear. We want to guarantee the highest standard of protection to bank customers and hold banks more accountable.
Fair treatment of bank customers is essential to the financial consumer protection framework and should be an integral part of banks' corporate culture. Banks' boards should oversee consumer protection by ensuring that appropriate policies are in place and that management and staff can carry them out.
The government's oversight of the financial services sector confirms its belief that the economy is working for the middle class and for everyone.
Again, I would like to reiterate that our goal is to guarantee the highest standard of protection for financial consumers in Canada, and we are working to achieve that goal.