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Finance committee  I wouldn't say that they own them, and unfortunately I don't have the paperwork with me. I wasn't expecting to get too involved in that. But we are aware that TD has a reasonably large investment in the company that owns Money Mart. I don't know if my colleague has it with him,

April 19th, 2007Committee meeting

Evan Soikie

Finance committee  Absolutely. I'll be sure to get that for you.

April 19th, 2007Committee meeting

Evan Soikie

Finance committee  The way I see it is, yes, I'd say it's a common right, but a lot of it has to do with the fact that it's just the way the banking system is set up. We don't have branches on every corner; we have ATMs on every corner. The banks save a lot of money by choosing to go the route of A

April 19th, 2007Committee meeting

Evan Soikie

Finance committee  The interesting thing is that while the banks have pulled out from those areas, they've invested money in those payday lenders. So they're still making their money, only now they're charging up to 900% per annum interest on a small loan, which the banks at one time offered themse

April 19th, 2007Committee meeting

Evan Soikie

Finance committee  All right. Now, I didn't bring a speech with me, so we'll see how I do. I'll first mention that I'm here representing about 7,500 Canadian members of ACORN and a number of people who are non-members but who are the working, and quite often struggling, families and individuals.

April 19th, 2007Committee meeting

Evan Soikie