Mr. Speaker, the Competition Bureau says that Canada's credit card companies have set up a perverse system that thwarts the normal rules of the marketplace. It has been estimated that Canadians pay $5 billion a year in hidden credit card fees, some of the highest in the world. This is infuriating to both consumers and small businesses.
Why is it the Conservatives are A-okay with credit card companies filling their coffers with the money of hard-working Canadians? What is the government doing to address the lack of regulation on credit card fees?