Every Visa-MC-Amex credit card purchase sends fees the USA.
PM Pierre Trudeau created the crown corp PetroCanada to compete with the profiteering oil corps. It was profitable when the govt sold it off...
Canada needs a crown corp credit card to compete with the extortionist American credit card interest rates and to elbow the aggressor's banks. I bet it will be profitable too.
Canadians have no love for banks and would appreciate competition to reduce credit card fees and interest rates.
PM Carney is a banker and would likely know very well how to set this up, but I bet he doesn't want to elbow his banker buddies.
#CdnPoli #CanuckCreditCard #CanadianCreditCard #PMMarkCarney