Mr. Speaker, yesterday, John Scott and Gary Sands, of the Canadian Federation of Independent Grocers, appeared before the Standing Committee on Agriculture and Agri-Food. Mr. Scott told us that between 50% and 70% of all grocery store transactions involve debit cards. The current fee is 5¢ per transaction.
If the Competition Bureau allows Interac fees to go up, that will have a devastating impact on every small business in this country.
This is exactly what I have heard from independent grocers and others in my riding.
Will the minister ensure that there is no change in the current Interac policy so our small businesses can survive?