IN THE HOUSE – Question – pandemic profits through this pandemic  

44th Parliament, 1st session


Madam Speaker, it is not just Air Canada that is taking public funds and paying big executive bonuses, because the Prime Minister seems to be giving unprecedented support to banks and billionaires through this pandemic. Banks have received $750 billion in liquidity supports through government institutions. They have made nearly $60 billion in pandemic profits and banks are repaying Canadians by jacking up bank fees. The government has the tools to prevent gouging. It is choosing not to use them.

 

At this difficult time, why are the Liberals letting the banks rip off Canadians with higher bank fees?

 

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