I welcome our members and our witnesses to the joint meeting of the Standing Committee on Finance and the Standing Committee on Industry, Science and Technology this Tuesday, June 9, 2009. Pursuant to Standing Order 108(2), we are studying the credit card interchange system and the debit payment system in Canada.
Before us today we have four witnesses. Mr. Ian Lee is director of the MBA program in the Sprott School of Business at Carleton University. Mr. Barry Scholnick is associate professor in the School of Business at the University of Alberta. Mr. Roger Ware is a professor in the Department of Economics at Queen's University. Mr. Jack Carr is a professor in the Department of Economics at the University of Toronto.
Welcome to all four of you.
Mr. Menzies, go ahead.