Mr. Speaker, while Australia and 28 European countries have credit card transaction fees as low as 0.3% and 0.5%, Quebec's merchants have to pay between 1.5% and 4% in transaction fees when their clients use credit cards. On average, the 6,400 members of the Quebec convenience stores association pay $36,000 in annual fees.
When will the minister impose a ceiling on the exorbitant credit card transaction fees being charged to merchants?