As CFIG members know, one of our top priorities over the last few years, is to keep fighting for continued reductions in credit card interchange fees. Last fall, reductions were…
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Read Gary Sands' op ed in the Toronto Star - May 30, 2020 PDF Download
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This initiative comes in the wake of COVID-19 as health officials recommend social distancing and merchants encourage consumers to pay with contactless for a safer way to pay. TORONTO, April…
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Visa letter to Minister Bill Morneau - PDF Mastercard letter to Minister Ng
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Gary, Thank you for speaking this morning. I know these days are extraordinarily challenging for you and your members. As you are aware, Visa Canada entered into a revised…
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The Leader of the NDP, Jagmeet Singh, has promised to bring in a “hard cap” of 1% on credit card interchange fees, for all small- and medium-sized businesses. CFIG is…
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Release at noon, I believe. I have had discussions with all 3 parties on the issue of credit card fees. So hopefully, we will see the announcement today spur the…
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Please see the letter from MasterCard outlining changes to interchange rates. Download letter.
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CREDIT CARD FEES: The SBM Coalition alone, opposed the ‘solution’ to high credit card fees brought forward by the previous government. The voluntary reduction, ostensibly to an overall average…
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Gary Sands, Sr. VP of Policy and Advocacy at the Canadian Federation of Independent Grocers and Chair of the Small Business Coalition wrote in this Globe and Mail column that…
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