Canadians Will Not Pay More for Using Credit Cards

Canadian merchants will not be allowed to assess additional charges to consumers who use certain credit cards, according to a recent decision by the country's Competition Tribunal. Merchants had hoped to charge more for using certain credit cards than they … Continue reading

New Rules for Prepaid Cards in Canada

Significant changes in prepaid cards are now taking place in Canada. Canada's Finance Minister, Jim Flaherty, announced today that issuers cannot impose expiration dates on prepaid cards in the future. Fees have to be prominently displayed in an information box … Continue reading