Retailers applaud Ottawa for trying to regulate credit cards

01/29/2009 | Toronto Star, The

Canadian retailers applauded government officials for their efforts to regulate credit cards, but said the measures don't go far enough to get merchant-paid fees under control. "Canadian businesses continue to pay some of the highest merchant fees in the world, and we will continue to press for a formal review of the Canadian credit and debit card systems," said Diane Brisebois, president and CEO of the Retail Council of Canada.

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