I can't tell you the specific number. I can tell you that ultimately issuers and cardholders will pay more, and that merchants will pay more, because the tax affects both issuers and acquirers.
On May 18th, 2023. See this statement in context.
On May 18th, 2023. See this statement in context.
Vice-President, Personal and Commercial Banking, Canadian Bankers Association
I can't tell you the specific number. I can tell you that ultimately issuers and cardholders will pay more, and that merchants will pay more, because the tax affects both issuers and acquirers.
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