• Focus on Canada’s Payments System Heats Up
  • April 11, 2012 | Authors: Jeffrey S. Graham; Tiffany Murray; Stephen J. Redican
  • Law Firm: Borden Ladner Gervais LLP - Toronto Office
  • In 2009 and 2010, Canada’s payments systems underwent remarkable scrutiny and was the subject of a host of changes. Parliamentary and senate hearings were held; the Competition Commissioner considered credit card duality in Canada; the Competition Bureau considered competition in Canada’s debit landscape; and the federal government implemented regulatory measures and a voluntary code of conduct to address disclosure and other practices in Canada’s payment systems and launched the Task Force for the Payments System Review (the “Task Force”).