Just for colleagues, in a really non-partisan way, I would direct them to look at the Canadian Federation of Independent Business. It issued a table after the government's announcement about reducing credit card fees, and it has a list of all of the payment processors that says whether they committed to not increasing fees while trying to keep profits similar or greater. The number of them that did not respond to the request or whose response was unclear—and I read through the responses—is pretty stark.
Mr. Chair, I would note—and for the analysts—that this is something we might want to delve into. It's not criticizing the efficacy of the government's announcement. It's saying that if the government has done this and the intent is for merchants to realize the benefits of lowered fees, then this extra layer also needs to be considered if the savings are not, in fact, being passed along.