moved for leave to introduce Bill C-233, an act to provide for the limitation of interest rates, the application of interest and of fees in relation to credit card accounts.
Mr. Speaker, I wish to introduce a private member's bill entitled an act to provide for the limitation of interest rates, of the application of interest and of fees in relation to credit card accounts.
The purpose of the bill is to make the rules that govern credit cards fairer for the consumer. Such legislation is long overdue and I look forward to debating the provisions of the bill in the very near future.
(Motions deemed adopted, bill read the first time and printed.)