Hon. E. J. Benson (Minister of Finance):
Mr. Speaker, members will have noticed a news item in the press yesterday to the effect that two major retail establishments in Canada were planning increases in their interest charges on certain charge accounts. I wish to inform the House that I have been in touch with the two companies and that each has agreed to suspend its decision in this matter until March, pending the outcome of the Prices and Incomes Commission's current discussions with the business and professional community aimed at limiting price increases. I wish to express the government's appreciation of the co-operative response of these two companies.
Subtopic: SUSPENSION OF INCREASE BY EATON'S AND SIMPSON'S IN CHARGE ACCOUNT INTEREST RATES