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Deal to lower Visa, Mastercard processing fees will come up short for many retailers, critics say

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Deal to lower Visa, Mastercard processing fees will come up short for many retailers, critics say

The federal government says it has hammered out the final details with Visa and Mastercard to lower credit card transaction fees for merchants, but small business advocates say the deal doesn’t go nearly far enough. The deal concerns what is called an interchange fee, also known as a “swipe fee,” which sets aside a percentage … Read more

Alberta premier’s arguments on increasing oil and gas production ‘logically incoherent’: Wilkinson

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Alberta premier’s arguments on increasing oil and gas production ‘logically incoherent’: Wilkinson

Federal Energy Minister Jonathan Wilkinson says Alberta Premier Danielle Smith’s claim that Canada can achieve carbon neutrality in 2050 while simultaneously increasing oil and gas production is “incoherent.” Smith has long argued that carbon neutrality is about a transition away from emissions and not a transition away from oil and gas production, a source of … Read more