Mr. Speaker, Canadian consumers deserve to be treated fairly and with complete transparency, but when it comes to prepaid credit cards, all too often consumers are unaware of the hidden fees and expiry dates. Our government has already taken strong action to protect Canadians. Building on that record, we are now looking to address business practices that may be unclear to consumers, and in some cases plainly unfair. Could the Minister of Finance please inform the House of how today's announcement of the new regulations for prepaid credit cards will help to protect Canadian consumers?
In the House of Commons on October 24th, 2012. See this statement in context.