Mr. Speaker, the holidays can be an expensive time between gifts, travelling, parties, and trips for those fortunate enough to do that. It adds up quickly and so does the level of stress for the majority of Quebeckers who live paycheque to paycheque and have an average household debt of $80,000. However, with Bill C-29, the government is giving a gift to the banks instead of the public.
As the holidays approach, as everyone is preparing to stretch their budgets, the federal government is opening the door to all sorts of hidden fees without giving us the chance to defend ourselves. That is Bill C-29 in a nutshell.
By allowing the banks to get around Quebec's Consumer Protection Act, the Liberals are proving they are still beholden to the banks, despite their claims of working for the middle class. Merry Christmas, Bay Street.