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National Post
National Post
17 Oct 2024


NextImg:Lower your fees, Mark Carney, businesses ask Liberal bigwig after his payments company hoards savings from merchants

OTTAWA — Not all Canadian small businesses will be benefiting from new lower credit card fees arranged by the federal government because one major payments processor says it won’ be passing along its savings to many of its merchants. And one of the directors of the payments company, Stripe, is Mark Carney, an economic adviser to Prime Minister Justin Trudeau and Liberal party heavyweight.