Mr. Speaker, my hon. colleague is right. The problem is staggering. If the Canadian Anti-Fraud Centre said that Canadians lost $638 million to fraud in 2024, and only 5% to 10% is being reported, we are talking about $6 billion to $12 billion a year being lost to fraud in this country.
I know we cannot stop it entirely, but what we can and should be doing is taking measures. The government should really look at the amendments the NDP put forward, because we can place more responsibility on banks, which are financial experts, to watch for the red flags and maybe ask questions so that when vulnerable people are going to banks and being defrauded, at least that is addressed in some meaningful manner.