Mr. Chair, as I have said, Canadian consumers deserve access to credit on fair and transparent terms. That is why we have taken action to protect Canadians using credit cards by strengthening the position of credit card users by imposing mandatory 21-day interest-free grace periods on credit cards, banning unsolicited credit card checks, and requiring consent for credit limit increases. We are better protecting Canadians using pre-paid credit cards with increased transparency and new consumer protection rules and are banning fees for the first year.
Our government also takes the issue of fraud and consumer protection very seriously.