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Tax tips :~ler Plymouth, is a decent guy. When I have a . ‘question about the system, he responds. When ‘.I‘m late with my payments, as I confess I am Consumers may lose if banks get into auto leasing The issue, says Gibson, is what is best from the consumer in the long run. ‘"The banks already control auto dealers‘ financing and clearly they could undercut us in Not because I think the banks are basically evil, but because they have immense power to dominate an industry to the point where fair competition becomes an issue. Fred Gibson, president of the Federation of Automobile Dealer Association of Canada (FADA) called the impact of the banks‘ move "a tilted playing field in which the big banks will exploit their power to the consumer‘s detriâ€" ment." mainly because it is very competitive and therefore, excuse the pun, consumerâ€"driven. That‘s what concerns me most about the recent move by Canada‘s banks to get into auto sometimes when life gets busy, he cuts me some slack and reminds me â€"â€" nicely, but firmly â€" that my account is past due. And while every industry has its bad apples and horror stories, the leasing industry, in my current leasing s Art.llc‘dith, _-*uqy!"w mmww Chrysâ€" Like many people, I leas@ a car. I‘veh.nirmfl-hhn‘kly.l’n been pretty pleased with both the prices and service I‘ve received from the leasing compaâ€" nies with which I‘ve dealt. My current leasing m (Continued from page 28) order to buy their way into the market and drive us out. â€" ""What consumers should be asking is what a l;b;:k::lomxmtodurhlnumrkflwouldho The Canadian Bankers‘ Association says consumers who lease cars aren‘t protected by any legislation and there‘s also no requirement for auto leasing companies to disclose financing costs. In return for being allowed to enter auto leasing, the banks vow to work with provincial and federal governments to improve standards in the industry. What worries me is consumers may lose more than they gain if banks get the go ahead. First, while we may see lower rates in the early going if banks undercut the leasing companies, it could mean the death of many legitimate leasing operations. As a result, the number of competitors in the field will be reduced and that is bad for consumers. Second, while the banks have come a long way in improving customer service â€" and I believe they have â€" they still have a long way to go to make it Job One. Gus Carison Canadian Business For further information on the forum Transport Canada Public Affairs at (416) Wm(;madaofficiahwm’b_eonmmm yOUF" questions . about the ‘zd@fing. The map below mpuuicbmvhedwamdnm height zoning restrictions for the DATE: Monday, March 20, 1989 2:00 p.m. to 4:30 p.m. (Afternoon Session) and 6:00 p.m. to 9:00 p.m. (Evening Session) Tm B Eq int ofh O l ies e nvinve 0 mipp on on the forum, please call ic Affairs at (416) 224â€"3487.