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Finance committee Yes.
October 20th, 2016Committee meeting
Yves Servais
Finance committee There was a drop of 10% in the rates as a result of the pressure from the Conservative government of the day for Visa and MasterCard to reduce them. The change did not have a significant impact for us and did not result in additional funding being released to enable merchants to
October 20th, 2016Committee meeting
Yves Servais
Finance committee To my knowledge, paying by credit card is more and more popular, and I think credit card companies are in every country.
October 20th, 2016Committee meeting
Yves Servais
Finance committee Not to my knowledge. I would like to provide some information on the issue. Take the example of England, which regulated the rates to 0.3%. There was a class action lawsuit of $19 billion U.S. against MasterCard, which abused its monopoly position to the detriment of small and
October 20th, 2016Committee meeting
Yves Servais
Finance committee Thank you, and I will be brief. Many convenience store owners have had their business for 25 or 30 years. They now want to hand over responsibility for their businesses to their children, who are showing a desire to take over. However, fiscally speaking and with existing regulat
October 20th, 2016Committee meeting
Yves Servais
Finance committee Good morning, Mr. Chair. I would like to thank the MPs for the invitation. It is greatly appreciated. My name is Yves Servais. I am the director general of the Association des marchands dépanneurs et épiciers du Québec, the AMDEQ, a group of close to 1,000 owners of independent
October 20th, 2016Committee meeting
Yves Servais