Industry committee  Yes. The coalition's position is that it's information that should be shared with customers, but there would have to be some further details provided so that the customer would be able to understand, to some extent, what happened, whether it was the fault of the business or wheth

Finance committee  Yes. The coalition's position is that it's information that should be shared with customers, but there would have to be some further details provided so that the customer would be able to understand, to some extent, what happened, whether it was the fault of the business or wheth

Industry committee  I have just a very small collection here. I get about three a month: get more credit, get more in debt, and get hooked on debt more. This is just a small sample of the pamphlets that are sent out enclosed in bank statement envelopes, all trying to get you to do something else. A

Finance committee  I have just a very small collection here. I get about three a month: get more credit, get more in debt, and get hooked on debt more. This is just a small sample of the pamphlets that are sent out enclosed in bank statement envelopes, all trying to get you to do something else. A

Industry committee  Sure. The subsidies I'm talking about are the offers to buy back mortgages through the Canada Mortgage and Housing Corporation, the more than $40 billion in capital the Bank of Canada has injected into the financial markets, and the other programs being provided to various financ

Finance committee  Sure. The subsidies I'm talking about are the offers to buy back mortgages through the Canada Mortgage and Housing Corporation, the more than $40 billion in capital the Bank of Canada has injected into the financial markets, and the other programs being provided to various financ

Industry committee  That is an after-tax profit. When you're talking about this area, you don't want banks and other financial institutions providing access to credit to be profiting excessively, because they are increasing the cost of capital, the cost of money that runs through the entire econom

Industry committee  Well, according to those who are much more knowledgeable in this area than I am, an average corporate profit margin is somewhere around 10%. When you're talking about the provision of access to credit in particular--

Finance committee  Well, according to those who are much more knowledgeable in this area than I am, an average corporate profit margin is somewhere around 10%. When you're talking about the provision of access to credit in particular--

Finance committee  That is an after-tax profit. When you're talking about this area, you don't want banks and other financial institutions providing access to credit to be profiting excessively, because they are increasing the cost of capital, the cost of money that runs through the entire econom

Industry committee  Although those retail companies represent a much smaller proportion of the market than the bank-issued cards, no business has a right to gouge. Government, in this area of access to credit, has a particular role to play in terms of ensuring that everyone is treating everyone fair

Finance committee  Although those retail companies represent a much smaller proportion of the market than the bank-issued cards, no business has a right to gouge. Government, in this area of access to credit, has a particular role to play in terms of ensuring that everyone is treating everyone fair

Industry committee  Sure. As I mentioned, the first is a price review. In the past decade when Canadians have been asked about access to credit and these banking services, 90% have said these are essential to function in society. Whether you're trying to travel or rent a car, you just need to have

Finance committee  Sure. As I mentioned, the first is a price review. In the past decade when Canadians have been asked about access to credit and these banking services, 90% have said these are essential to function in society. Whether you're trying to travel or rent a car, you just need to have

Industry committee  No. I believe I was actually speaking about caps overall, whether they're floating caps or hard caps. It's possible to set a cap, but first you need to know what the profit levels are of the companies involved. That's why we're calling--not just for that reason but overall--for