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Finance committee  It's a small step forward, yes.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  A small step forward.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  A small step forward.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  A small step forward.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  Whenever we see increases in fees, typically, people are not happy. That's a continuing trend.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  As I mentioned in response to the question, there have been several small steps forward.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  It is a small step forward.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  As I mentioned, they are small steps forward.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  I can go through and say these are all small steps forward.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  It will protect a few customers and it will protect them from a few charges.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  I'll do so as quickly as I can. These are small steps forward, yes. Our issue is that none of the proposals do anything to prevent gouging. They don't decrease the already excessive credit card interest rates, and as has been mentioned, interest rates are at an all-time low and

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  What we're recommending and suggesting is for oversight primarily through the pamphlet method, which has been recommended by the MacKay task force, and Senate and House committees. Essentially this would just involve the creation of a watchdog group to watch over the financial in

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  Essentially what we're looking at is a 5.3% increase in profit over the last year while they have been increasing interest rates and cutting loans and services. What we need and what we're asking for is to ensure that this is fair. It's nothing out of the ordinary. We're just as

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  I personally became aware of it via an email.

March 13th, 2012Committee meeting

Tyler Sommers

Finance committee  It was from the finance committee. I only took this on recently. Duff Conacher, who typically handles these things, may have been aware of it before I was, but it was brought to my attention at least a couple of weeks ago.

March 13th, 2012Committee meeting

Tyler Sommers