Mr. Speaker, the member knows there is a regulatory power contained in the economic action plan. Regulations will be forthcoming for public consultation.
At the same time, he should know the Competition Bureau is looking into this matter as part of its responsibility to ensure adequate competition with respect to the provision of credit, credit cards, and the protection of merchants and customers.
In Canada, the issue is also being examined by committees both of this House and in the Senate, and we are monitoring these developments closely.