Mr. Speaker, we need more than an information plan. We need an action plan.
This situation is getting worse every day. A poll today revealed that one in five Canadians received new premium cards without asking for them. What is worse, those who received these high interest cards were the poor, elderly and least educated.
We cannot count on Visa or MasterCard to be concerned about the most vulnerable when it comes to taking on debt. We need legislation to protect consumers like Obama's credit card accountability act.
Will the government finally take action and stand up for consumers?