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Canadians who run small businesses are working harder than ever, but they face serious financial challenges – like some of the highest credit card transaction fees in the world.
New Democrats are calling on the government to extend a helping hand to small businesses – the biggest job creators in Canada – and place a hard cap on credit card transaction fees that have been gouging our local businesses for years.
Implementing a maximum 1% merchant fee cap will help small businesses thrive – and that means stronger family businesses and stable, good jobs in communities across Canada.
Jagmeet and the New Democrat team know that we need to support Canadian small businesses – not huge corporations – and this simple measure will give our small businesses an opportunity to grow.