Mr. Speaker, at this perilous time in our economy, credit card companies are bilking Canadian business and consumers by raising their hidden fees for credit card transactions on our merchants.
We now know that these same credit card companies want to do the same thing to our low cost, effective debit card system. These fees are having a devastating impact on business and consumers at precisely the wrong time.
Will the government undertake immediately to protect consumers and business from these greedy and unnecessary hidden fees and increases, or is this business failure very much a part of the government's economic plan?