August 11, 1988 (33rd Parliament, 2nd Session)

PC

Thomas Hockin (Minister of State (Finance))

Progressive Conservative

Hon. Tom Hockin (Minister of State (Finance)):

Of course, Mr. Speaker, the Government is prepared to act. We made this clear a good number of months ago.
First, all the principles which we came up for the consumer: disclosure, advance notice, a complaints mechanism, and abolishment of obnoxious charges, should be applied to the business community as well.
The Hon. Member is very late in coming to this issue. We have a meeting today between the small business organizations and the Bankers' Association. I hope they will be able to resolve the details to make sure that we can have in place a regime just as strong for the small business sector as we have for consumers.

Topic:   ORAL QUESTION PERIOD
Subtopic:   BANKS AND BANKING
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