Huron-Bruce Conservative MP Ben Lobb says new legislation dealing with so-called white collar criminals after they enter the prison system will help protect Canadians.
The bill recently passed in the Commons prevents such convicts from leaving prison early and is part of the Harper government's "tough on crime" agenda.
Lobb tells us Bill C-59 denies fraudsters and other such criminals what is known as accelerated parole.
Lobb says the legislation was proposed in the wake of a high-profile fraud case last year.
He says convicted criminals like Earl Jones -- who scammed investors for tens of millions of dollars -- will now have to serve more than just one-sixth of their sentence.
Before the legislation was passed Jones would have had to serve only two years of a 13-year sentence because of the accelerated parole provision.
Lobb says the effects of white collar crime helped fast-track the legislation.
Victim impact statements from those targeted by Jones and other big-money fraud artists reveal the scope of the effects of being financially wiped out.
Lobb is a member of the Commons Public Safety Committee and took a hand in drafting the bill.