Canadian Credit Card Fees

http://nbbusinessjournal.canadaeast.com/journal/article/627676

The above article discusses how high credit card transaction fees in Canada are impacting businesses. Canada is currently in the worst retail climate in 15 years and credit card fees are on the rise. Credit card transactions cost Canadians a total of $4.5 billion last year. Large and small businesses have started to feel the pain and are beginning to petition local government to intervene. High credit card transaction fees will only become more increasingly painful as more and more buyers purchase online.