Hon. Pierrette Ringuette: Honourable senators, I rise today to speak to a specific section of Bill C-47, the budget implementation bill.

In this bill, division 34 of part 4 amends section 347 of the Criminal Code in order to lower to 35% the criminal rate of interest, in accordance with generally accepted actuarial practices and principles.

As many of you know, this is an issue I have been endeavouring to fix for a very long time, nearly 10 years.

The Hon. the Speaker pro tempore: Would any other senators like to speak on this point of order?

The Hon. the Speaker pro tempore: If no other senator wishes to speak, this order is considered debated.

(Debate concluded.)

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