Merchants Can Now Charge Credit Card Fees

[calgarygeologist]

Aside from Telus, has anyone come across any retailer or businesses that are charging new transaction fees?

[you&me]

Originally Posted by calgarygeologist

Aside from Telus, has anyone come across any retailer or businesses that are charging new transaction fees?

I haven't, but I think we should name and shame any that do in this thread...

[Wormius]

Some helpful info about it in this story:

https://www.cbc.ca/news/ask-cbc/ask-...d-v2-1.6616908

[calgarygeologist]

Originally Posted by Wormius

Some helpful info about it in this story:

https://www.cbc.ca/news/ask-cbc/ask-...d-v2-1.6616908

I just saw that this morning which had me wondering if any stores in Calgary were doing it yet. One thing that I haven't seen clarification on is whether GST/PST is charged on top of the fee. I saw in that CBC article that the fee is charged pre-tax.

[bizaro86]

Originally Posted by calgarygeologist

I just saw that this morning which had me wondering if any stores in Calgary were doing it yet. One thing that I haven't seen clarification on is whether GST/PST is charged on top of the fee. I saw in that CBC article that the fee is charged pre-tax.

The fee is just a charge for a product/service, there is no reason for it to be gst exempt.

[calgarygeologist]

Originally Posted by bizaro86

The fee is just a charge for a product/service, there is no reason for it to be gst exempt.

If it is a fee charged for financial services it should be tax exempt based on my very limited knowledge of GST in Canada

[bizaro86]

Originally Posted by calgarygeologist

If it is a fee charged for financial services it should be tax exempt based on my very limited knowledge of GST in Canada

True, and a good point. If that meets the definition of a financial service it would be exempt from gst.

The definition of a financial service is here:
https://laws-lois.justice.gc.ca/eng/....html#h-933610

Not clear to me whether this qualifies.

[GGG]

Originally Posted by you&me

I haven't, but I think we should name and shame any that do in this thread...

You mean name and evaluate their pricing to see if we can get a deal paying debit.