Mr. Speaker, my question is for the acting prime minister.
Interest rates and credit cards are sitting at 18%. The prime rate is sitting at only 4%. That is probably the widest gap between the two in the history of the country. Meanwhile, consumer debt loan in terms of credit cards is sitting at $40 billion. That is bad for the economy, bad for consumers and bad for business.
Will the government approach its friends in the big banks and ask them to roll back these outrageously high interest rates in terms of being fair to the consumers?