Mr. Speaker, over the past 12 years, retail stores have ignored the recommendations made by three separate parliamentary committees regarding credit card user fees and continue to charge interest rates as high as 28.8 per cent on the outstanding balance of their card statements.
Does the Minister of Industry intend to act swiftly to protect the interests of consumers in the face of this unacceptable practice on the part of retail stores, which is leaving some consumers in a state of chronic indebtedness?