Madam Speaker, I want to thank my colleague for talking about small businesses, because we know they have struggled throughout the pandemic and have had difficult times getting the support they need.
One thing we have heard the government make promises for is capping merchant fees. We pay five times the merchant fees that Europe does and have some of the highest interchange fees in the world. We have not heard how the Conservatives feel about capping merchant fees.
The government has made a commitment that it is going to do something to tackle merchant fees. However, we heard this commitment five years ago from the same government. We know how unfair it is that Canadian merchants and small businesses are paying these outrageous fees, and the banks are having record profits.
I would like to hear if the Conservatives will join the NDP in calling on the Liberals to take action on this, not just talking about it, but actually legislating a cap on merchant fees so that we are in line with the European Union.