The breadth and scope of issues Retail Council of Canada is addressing with federal, provincial and municipal governments continues to grow. The quarterly flag report provides summaries of these issues and lists them according to their possible impact on your business.
RCC is aggressively focusing on two key federal issues that affect all our members.
- Credit card interchange fees. RCC has written all Members of Parliament urging them to support a Bill put forward by Linda Lapointe, a Montreal area Member of Parliament, that would require the government cap interchange fees through regulation. Canadian merchants continue to pay the highest interchange fees in the world and this Bill would address this issue. Over the course of the summer, RCC has met with key federal Cabinet Ministers and MPs to voice our support for this Bill and urge the government to support it.
- De minimis rates. This issue will affect all members who compete with US based online retailers. Courier companies and online sellers have been aggressively lobbying the federal government to increase the current de minimis rate from $20 to $200 and consequently exempt purchases from international online retailers that are below this new amount from paying HST/GST and associated import duties on these purchases. Given that the majority of consumers’ purchases are well under $200 this could have devastating impact for our members. RCC is asking members to add your voice to this campaign by clicking on the link and sending the pre-written letter to your local MP.
Flag Report Archive