Mr. Speaker, let me ask further on this issue because that answer will not satisfy consumers who are being gouged by charges at private ATMs and facing upward of $5.00 per financial transaction.
The Canadian Bankers Association says it is about consumers' choice. Well, in areas like my riding where banks have closed nine branches since 1995, consumers have no choice.
We want to know, what are the plans by the government for bringing in regulations to protect consumers from private ATMs and exorbitant financial transaction fees?