Thank you.
Look, I think it is curious that the federal government, for nine years, has not moved on things like interchange fees, that they didn't formally regulate that, that they haven't moved on open banking. I think there is a lot of curiosity about why the government hasn't moved more aggressively when our peer nations and peer jurisdictions already have. It's odd to me.
Then, on top of that, it's odd that the government would give $50 million to a massively profitable company, when they probably don't need to.
I think the timing is curious. I think the lack of regs, based on all of the testimony that we've heard to date on this study, is curious. I think this information may help us determine whether or not that curiosity is founded or not. A $50-million contribution to a large company like this is odd, especially when they were likely going to do this anyway.
After all of the testimony we've seen on this credit card study, there are a lot of questions that have been raised about why the federal Liberal government has not moved on certain issues. My colleague from the NDP, Mr. Masse, raised this study, which I think has brought up a lot of questions that it's incumbent upon this committee to answer. I feel as though getting a bit more background on the government's rationale and conversations on this contribution might shed light on the broader issue.
Thank you.