With Interac having such a dominant position in the market, your disclosure requirements of their fees are not really giving any consumer choice. Certainly, people can be aware of what the fees are, which I think is fine. In essence, that could educate them enough to be able to make better choices, but there's no other option, or there aren't many other options. I realize that this isn't necessarily within your mandate. It's really within the Competition Bureau's mandate to look at that concentration and lack of competition, but would you agree at least that Interac has a very dominant position in the market?
On November 25th, 2024. See this statement in context.