Thank you, Mr. Chair. I will be sharing my time with Mr. Thibeault.
I want to come back to the 12¢ it costs per transaction when the customer pays by Interac. We take for granted that that fee is not reflected in the selling price, but is instead absorbed by the retailer. Is that true? More and more, we are seeing—some consumers have come to see me about it and I, too, have experienced it—that retailers are beginning to charge different prices based on the payment card used. Do you think that is a direct result of this policy? What can we do to counter this phenomenon? If the selling price does not reflect the cost of the transaction and the consumer realizes this, it puts small and medium-sized businesses that use differential pricing at a competitive disadvantage.