Mr. Speaker, the banks have been overcharging consumers with record interest rate spreads on a $50 billion credit card debt. Banks have also been gouging consumers by charging them interest on money that has not yet been advanced to the vendor.
The government certainly uses its power to keep its junior ministers and backbenchers in line. Will it use its power to intervene on the side of consumers in their struggle against these huge banks that are gouging the public with these interest rate spreads?