Yours is a two-part question.
First, one mustn't forget that in Canada, 42% of adults between the ages of 16 and 65 years old—almost half of the population—have a number two literacy level, which means that they are able to understand a simple text. The Financial Consumer Agency of Canada is currently proposing a broad study on numeracy, that is, the financial knowledge of Canadians.
Second, it's all very well to provide information to consumers. However, too much information should not be provided. Minister Flaherty recently tabled regulations on disclosure, information etc. In the United States there is what is called the Schumer Box, and even Senator Schumer has said that this is not necessarily the best way to inform consumers. When information is provided, it's important to always consider the consumers' perspective, and not necessarily that of the company.