Mr. Speaker, Canadians can rest assured that our Conservative government is committed to helping protect Canadian consumers.
Today I was pleased to announce final regulations that will help consumers better understand the costs associated with prepaid credit cards. This would ensure that federal financial institutions clearly disclose fees and present the information that Canadians need before a card is issued and that they do so in a manner that is not misleading.
We are proud to be delivering on our promise by taking action to better protect Canadian families and consumers.