Mr. Speaker, that is completely false. Everyone knows that the NDP is the only party that believes consumers should get what they are entitled to. Banks rake in over $60 billion every year, and their profit margins can be 700% or even 800%. That is disgusting. We need legislation. It is our job as legislators to make that happen, but the government is not doing it. People know what is going on. They know that when they go to an ATM or use their credit card, credit card companies are taking a huge cut at their expense.
There is a simple solution: the code of conduct for the Canadian credit and debit card industry must be mandatory and not voluntary. We do not want to have to rehash this entire file once again a few years down the road, when Visa and MasterCard have completely abandoned their voluntary measures. The Small Business Matters Coalition, which is concerned with this file and to which the Association des marchands dépanneurs et épiciers du Québec belongs, is disappointed that the Minister of Finance did not take the time to conduct an in-depth study of the real costs of credit card rates. That is what we need to do. That is what we must do. We must make a more informed decision, one based on facts and figures. That is what matters.