QUESTION PERIOD — Finance
Fees to Small Businesses
June 21, 2022
Senator Gold, during the 2019 federal election campaign, the Trudeau Liberals made several different commitments to our small businesses that have not been fulfilled. As I have raised previously, it appears the Trudeau government is breaking its promise to cut the cost of federal incorporation by 75%. As well, the promise to end credit card swipe fees on GST and HST is being buried in endless consultations.
Leader, in 2019, your government also promised to eliminate fees for business advisory services such as mentorship and training from the Business Development Bank, Export Development Canada and Farm Credit Canada.
Leader, could you tell us if these fees have been eliminated and, if not, why not?
In order to answer both aspects of your question, I will have to make inquiries and will report back.
Leader, with respect to the credit card swipe fees consultations that I mentioned, small businesses are still waiting to hear when the next round will begin, as announced in the budget. Over a month ago, on May 14, the Canadian Federation of Independent Grocers stated:
. . . there has been a deafening silence from the government as to when this additional consultation will be taking place and what it will be addressing.
Leader, when I asked you about this last month, you said you would make inquiries and report back. What response did you receive if you’ve received any? Will your government launch these consultations as soon as possible?
Thank you. I did make inquiries and, no, I have not received a response back. Therefore I am not in a position to answer the question, but I will add it to my follow-up.
