Mr. Speaker, our Conservative government understands that small businesses are the backbone of Canada's economy. That is why we lowered their taxes, reduced their paper burden, increased their lifetime capital gains exemption and much more.
Today, we are building on that strong record. Small businesses are concerned about rising credit and debit card costs, costs they would have to pass on to the consumers. That is why we are introducing a code of conduct to protect small businesses from this unfair practice of credit card and debit card companies.
The code will increase transparency, give small businesses a choice in the cards they accept and much more. It is precisely what small businesses asked for and we delivered.