Mr. Speaker, pursuant to Standing Order 36, I am pleased to table a petition on behalf of the residents of the riding of Chicoutimi on the prime rate charged by banking institutions, which is currently at 4.5 per cent. These same institutions charge some 18 per cent on their credit cards, while department stores have charged some 28 per cent on their credit cards, since 1981.
The residents of the riding of Chicoutimi call on the Government of Canada to legislate as quickly as possible and establish standards on the rates of interest applicable to credit cards issued by banks and major department stores.