Joël Lightbound at the Industry, Science and Technology Committee

On October 7th, 2024. See this statement in context.

October 7th, 2024 / 3:45 p.m.

Liberal

The Chair Liberal Joël Lightbound

Thank you.

Pursuant to the motion adopted on Thursday, September 19, 2024, the committee is commencing its study on credit card practices and regulations in Canada.

I am pleased to welcome among us two representatives of the Canadian Bankers Association: Darren Hannah, senior vice-president, financial stability and banking policy; and Charles Docherty, assistant general counsel and vice-president, legal and risk.

Thanks for joining us.

From Mastercard Canada, we have Balinder Ahluwalia, senior vice-president of market development, who is accompanied by Martin Leman, vice-president of strategy, pricing and interchange. From the Retail Council of Canada, we have Karl Littler, senior vice-president. From the Visa Canada Corporation, we have Jay Dorey, head of corporate affairs.

Thanks to you all for joining us. As you know, you have five minutes for your opening remarks.

We'll start with Mr. Hannah for five minutes.

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