I think so too. Thank you.
I'm not sure which finance official to pose this one to, but I want to talk about Interac.
You may have been aware that we've had a little chat here around all these Interac fees. We had a board member here in committee who didn't seem to know what the pricing was of the company for which he was a board member. That shocks me. For every company on which I've been a board member, I knew what our pricing structure was, so I'm not sure how truthful he was.
At the end of the day, the e-transfer fees range from six cents to 43¢, apparently. Apparently, if you are on the board of Interac, and in particular if you're a co-chair of Interac, you're one of the two companies, coincidentally, that get the six cents. If you're not there, you have to pay the 43¢ as a provider.
Has the department looked at all into the anti-competitive behaviour of Interac and the way it treats other financial institutions in the pricing?