Madam Speaker, I listened carefully to my hon. colleague's speech and I saw that the government did its homework by looking at what is being done elsewhere in the world and learning from the experience before legislating on this issue.
It is a good idea to see what other countries are doing wrong so as not to make the same mistakes, but it is also a good idea to look at what other countries are doing right. The Europeans implemented a whole set of regulations to force financial institutions to verify people's identity before authorizing transactions. That is missing from this bill, so we are failing to protect our constituents. I will repeat that we work for them. This does not protect them from fraud.
Does my hon. colleague not agree that this is a weakness of the bill?