 She appeared before the Parliamentary finance committee's hearings into Canada's frozen non-bank asset-backed commercial paper as one of six witnesses to address the committee where she appeared on behalf of a group of retail customers of non-bank ABCP.Diane Urquhart says that asset-backed commercial paper is responsible for a loss of $7–$13 billion in Canada held primarily by government, corporation pension funds and treasuries.Implicated are credit rating agency Dominion Bond Rating Services (DBRS), the Federal Office of the Superintendent of Financial Institutions (OSFI), and the Ontario Securities Commission.