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House Hansard - 128

44th Parl. 1st Sess.
November 16, 2022 02:00PM
Context: House Hansard - 128 - Nov/16/22
Mr. Arif Virani (Parliamentary Secretary to the Minister of International Trade, Export Promotion, Small Business and Economic Development, Lib.)
  • Nov/16/22 2:40:30 p.m.
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Mr. Speaker, I thank the member for his question. What we have heard from business groups in Canada, including the Canadian Federation of Independent Business, is that we have to support our small and medium-sized businesses. In the fall economic statement, we announced plans to work on the credit card system to support small and medium-sized businesses by lowering credit card transaction fees charged by big institutions and big banks. If we cannot negotiate a solution to this situation, we will introduce legislation. That is how we are supporting small and medium-sized businesses here in Canada.
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