Madam Speaker, I have the honour of tabling a petition signed by about 40 residents of Trois-Pistoles, Pohénégamook and Dégelis, in my riding, who are asking Parliament to pass legislation that would impose a ceiling, based on the Bank of Canada rate, on the interest rates applying to credit cards issued to consumers by banks and large retailers. In fact, this proposal has already led the banks to change their policies.
In the House of Commons on April 16th, 1997. See this statement in context.