Mr. Speaker, my colleague talked a lot about the government needing to get out of the way. When it comes to merchant fees, Canada's merchants pay some of the highest fees in the world. In the U.K. they pay 0.3%, in France 0.28% and in Australia 0.5%. In Canada, we have a rate of 1.4% on the interchange fees.
Liberals, in the last budget, said they were going to do something about that and cap merchant fees, yet we have not seen any action from the Liberal-Conservative coalition. They protect the big banks, protect the big credit card companies and the super wealthy.
Does my colleague agree there is a time for government intervention when it comes to small businesses being hosed by credit card companies and the big banks?