We see no reason to cap credit card fees. There are options out there. Competition provides the best available tools to all Canadians. If they have the information, they can actually choose whether to use a card with extra perks or a low-cost card. There are no-cost bank accounts available out there, but they need the information. I don't think we need to regulate the credit card fees at this point.
On September 24th, 2012. See this statement in context.