Mike Wallace at the Industry, Science and Technology Committee

On June 2nd, 2009. See this statement in context.

June 2nd, 2009 / 10:20 a.m.

Conservative

Mike Wallace Conservative Burlington, ON

Thank you, Mr. Chair.

Thank you to our guests for coming.

I'll start with Mr. Scott.

Just so I'm clear, obviously you're in favour of competition. If you're an independent grocery business, obviously you're keen on competition, because there's a lot of it out there. Your basic premise to us on the debit side is that you're not concerned with Visa and MasterCard entering the marketplace as long as the rules are that they are at fixed costs, not percentages. Am I accurate in that statement?

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