Banking, Trade and Commerce – October 9, 2014

In Committee from the Senate of Canada

Banking, Trade and Commerce – October 9, 2014

Several retailer associations representing various sectors of the Canadian economy offer their thoughts on a bill (S-202) to place limits on credit card acceptance fees that are charged to merchants. Canada has some of the highest credit card acceptance fees in the world and cost Canadian retailers and consumers over $5 billion a year.
Senators hear from the following witnesses: Canadian Independent Petroleum Marketers Association representatives Tricia Anderson and Allan MacEwen, Mel Fruitman from the Consumers’ Association of Canada, Pierre-Alexandre Blouin and Isabelle Tassé, who are both representing the Quebec Food Retailers Association, Tony Elenis with the Ontario Restaurant Hotel and Motel Association, and Gary Sands from the Canadian Federation of Independent Grocers. (October 9, 2014)