Mr. Speaker, as of November 1, Canada introduced the Ombudsman for Banking Services and Investments, who is meant to help resolve scam issues with banks. That is a great start, but since the ombudsperson's recommendations are non-binding, it is only a half measure. We have a financial system that rewards criminals and costs Canadians. We need to hold big banks to account and make sure there is a cost to doing business with criminals.
We need to make it easier for Canadians to work with the CRA to correct their finances after being victims of fraud. My colleague the member for Windsor West has called for a first ministers conference to tackle cybercrime.
It is high time the federal government takes these instances of online fraud and extortion seriously instead of just putting the burden on Canadians. Bell, Rogers and Telus need to be held accountable for being a portal to crime and the CRTC needs to do much more. We know the Conservatives are not going to go after those big players. It is high time the Liberals hold them to account.