Mr. Speaker, this week, Walmart threatened to stop accepting Visa cards in its stores because the transaction fees are too high. Too high for Walmart.
Imagine the dilemma for small and medium-sized businesses that must now choose between accepting the exorbitant fees or losing customers. In the opposition, the Liberals opposed the Conservatives' voluntary code of conduct, and now, in power, they are promoting it. This makes no sense.
When will the government finally take action and cap credit card fees for our SMEs?