This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
{
"time": "2009-06-16 10:55:00",
"attribution": {
"en": "Mr. Mark O'Connell",
"fr": ""
},
"content": {
"en": "<p data-HoCid=\"1579154\" data-originallang=\"en\">Yes. In fact, it's the opposite. I was commenting on MasterCard's testimony that their current rate in the Canadian market is a 0.5\u00a2 switch fee. I believe they currently have interchange set at zero basis points. We've seen that before.</p>\n<p data-HoCid=\"1579155\" data-originallang=\"en\">What I was saying is that while it's tempting to comment as a cost recovery organization that knows the economics of this business, that has very little marketing or R and D on the sustainability of that, I was just pointing out that in all other markets that I know of around the world that is drastically lower than the Maestro and MasterCard debit pricing.</p>",
"fr": "<p data-HoCid=\"1579154\" data-originallang=\"en\">Oui. En fait, c'est le contraire. Je parlais du fait qu'au cours de son t\u00e9moignage, MasterCard a dit que son tarif de commutation actuel sur le march\u00e9 canadien est de 0,5 \u00a2. Je crois que pour le moment, son tarif d'interchange est de z\u00e9ro. Nous avons d\u00e9j\u00e0 vu cela.</p>\n<p data-HoCid=\"1579155\" data-originallang=\"en\">Je disais que m\u00eame s'il est tentant pour une organisation exploit\u00e9e selon le principe du recouvrement des co\u00fbts, qui conna\u00eet bien ce secteur, mais dont le budget de marketing ou de recherche-d\u00e9veloppement est tr\u00e8s modeste, cette tarification des transactions de d\u00e9bit est, \u00e0 ma connaissance, nettement inf\u00e9rieure \u00e0 celle de Maestro et de MasterCard dans tout autre march\u00e9 du monde.</p>"
},
"url": "/committees/industry/40-2/28/mark-oconnell-29/",
"politician_url": null,
"politician_membership_url": null,
"procedural": false,
"source_id": "2837848",
"document_url": "/committees/industry/40-2/28/",
"related": {
"document_speeches_url": "/speeches/?document=%2Fcommittees%2Findustry%2F40-2%2F28%2F"
}
}