Credit card fees targeted

OTTAWA—The federal Opposition is calling on the Harper government to prevent credit card companies from charging businesses higher fees for using premium cards.
The call comes as a federal competition tribunal prepares to rule on whether Visa and MasterCard are engaging in anti-competitive behaviour.

Small business groups have been hoping the tribunal will recommend Ottawa forbid the major credit card companies from forcing retailers to accept cards that carry higher payment processing fees.
New Democrat consumer protection critic Glenn Thibeault said the high cost of processing credit card payments is hurting Canadian businesses.

He is launching a cross-country consultation with business and community groups this week to hear their concerns about the fees.