OTTAWA — Canadian foodservice operators are continuing to oppose increases in credit card fees with the introduction of Bill S-215 to the senate.
“Our members are asking for help from government to bring some fairness to this unbalanced dynamic,” said Garth Whyte, CRFA president and CEO. “The Senate bill introduced today brings some much-needed attention to this important issue.”
The bill comes on the heels of Visa Canada’s announcement to increase credit-card fees by one-third in April. Operators are concerned that financial institutions are taking advantage of restaurants operating on tight margins and of consumers, who will have to deal with increased fees.