Mr. Speaker, two-thirds of the members of the Association des économistes québécois support regulations governing credit card processing fees.
Credit card processing fees for merchants are excessive and affect a company's profitability.
The Conservatives need to implement mandatory regulations instead of an ineffective voluntary code of conduct. Otherwise, profit margins for small and medium-sized businesses will continue to shrink.
Will the Conservatives stop hiding behind their ineffective voluntary code of conduct? Will they finally take the measures needed to fix this problem, which has been raised by merchant associations across the country?