moved for leave to introduce Bill C-243, An Act to amend the Payment Card Networks Act (credit card acceptance fees).
Mr. Speaker, who do we work for? The answer is simple. We work for the people, including those who run a business. I point that out because SMEs are relying more than ever on credit card companies, especially during COVID, without being able to do anything about it. I invite all my hon. colleagues to join me in giving business owners in Quebec and the provinces a fighting chance long-term. The purpose of this bill is to regulate interchange fees, which for far too long have been negotiated behind closed doors at the banks.
My hon. colleagues have to ask themselves who they work for. In answering that question, they will come to the conclusion that this bill is fair and will serve the people who trusted us to speak for them.
(Motions deemed adopted, bill read the first time and printed)