Madam Speaker, the member for Mississauga South started by pointing out the response of the Conservative Party to the motion today. He said the Conservatives have been saying they do not understand the motion and they do not understand its importance.
We also saw during question period the Parliamentary Secretary to the Minister of Finance dismiss this whole issue very cavalierly, actually. He said that it was a small issue, that there were bigger issues, and that the minister was attending to bigger issues than this one. I would like the parliamentary secretary to say that to the families who are dealing with the debt crisis in their own families, who are dealing with the issues of paying the bills when they have been laid off and cannot collect EI, or when they are on EI and there is not a hope for a job in their community.
This is not a small issue when we talk to Canadians who have been paying through the nose for the availability of this kind of credit and this kind of service. It is not a side issue or something that can be ignored, but it has been ignored for far too long. It has been far too long since we have had a government that has been willing to take on the banks directly on this issue and tell them they have gone too far and they continue to go too far, to tell the major retailers that their credit card services are going too far and their interest rates are far too high.
We need a government with the courage of that conviction, the courage to stand up for ordinary Canadians and say that this gouging has to stop and it has to stop now and that we will not put it off any longer. We have not had that to date in this country.
When we raised the issue of ATM fees, where consumers have to pay to take their own money out of a bank, the Minister of Finance said he would write the banks a letter or talk to them. Nothing was ever really resolved about that issue.
These corporations and banks are raking in huge profits on the backs of Canadians. We are not saying there should not be a fee for services offered, but we are saying it needs to be reasonable. We are not saying that credit should not come with an interest rate, but we are saying that should be a reasonable rate and that it should be regulated and carefully monitored so that consumers have a modicum of protection when it comes to using this kind of service.