Thank you, Mr. Chair.
My questions are for the Canadian Bankers Association.
My first question is as follows. During the current crisis, many more purchases are being made online, and most of them are being paid for with credit cards. As we know, credit card interchange fees are generally higher for online purchases than for physical payments. The European Union caps these interchange fees at 0.3%, whereas here the rate is closer to 1.5%, and can even be as high as 3%.
In your opinion, can Canada cap these fees in the same manner as the European Union?