Ryan Williams at the Industry, Science and Technology Committee

On May 17th, 2022. See this statement in context.

May 17th, 2022 / 4:25 p.m.

Conservative

Ryan Williams Conservative Bay of Quinte, ON

Thank you very much, Mr. Chair.

I'm loving the discussion today. I'm going to jump right into it.

Mr. Iacobucci, we talked about Canada's competition laws and we're going to talk about the example of credit card fees. It seems the EU took on the credit card companies. It enacted legislation that allowed those credit card fees to be capped at 0.3% and 0.5%, including swipe cards.

Is Canada's competition law coming from our government able to enact the same kind of legislation to cap those fees here?

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