Thank you, Mr. Chair.
I'd like to thank all our guests for being here, both in person and remotely. We are grateful to them, despite the technical problems.
I'm going to follow up on my Liberal colleague's question about buying now and paying later.
The purpose of our study is to examine the behaviour of credit card companies, to assess whether consumers fully understand the ins and outs of the financial products they use, and so on. The committee has, of course, heard from representatives of the banks and a number of companies. Clearly, there are vulnerable consumers in this market. Personally, I don't doubt that. However, I admit being surprised to hear the testimony about the “buy now, pay later” model.
I sometimes see that on offer when I go to a furniture store—the possibility of paying in 36 instalments. The same holds true for ceramic tiles and a central vacuum cleaner, but let's stick to your area of expertise. Let's talk about the possibility of eating now and paying later.
When I do my groceries at the IGA in Saint-Janvier, on Curé-Labelle Boulevard in my riding, I use the automated checkout. The system has never offered me the option of paying later. You have to choose between about 42 options—you're asked whether you have premium cards, whether you have this or that, or whether you want to make a donation.
However, I've never been offered the option of paying for my can of beans in 36 instalments.
Can you tell us what grocery chains do offer that option in Canada?