Mr. Speaker, I thank my colleague from London West for finally asking a question about the economy.
We all know that small business plays a vital role in Canada's economy and job creation. When small business raises concerns with us we listen.
Today we released a code of conduct for the credit and debit card industry to encourage choice and competition, to help prevent unfair business practices and to help protect businesses from rising costs.
The credit and debit card industry has until May 17 to adopt this code voluntarily or our government is prepared to take action to regulate them through the legislative process.