Mr. Speaker, the cost to merchants every time someone uses a credit card continues to skyrocket. Travelling the country and speaking to small businesses, I heard two major complaints loud and clear. Credit card processing fees are too high and are hurting small businesses, and the voluntary code of conduct is full of loopholes and just is not working.
New Democrats understand that small businesses drive our economy, but Conservatives are happy to let Visa and MasterCard gouge merchants daily.
When will Conservatives acknowledge their voluntary code is failing small businesses and finally enact legislation that protects them?