Nationalize all lending.

There is no reason for profit margin in any essential product or service.

Freedom of choice is a capitalist myth.

Yes! Let's make the cost of borrowing reasonable again. There should be some sort of law to restrict how much interest money an authorized institution should be able to receive. Interest only exists as a math calculation. Hell, tie it to your SIN, have the government deposit a million dollars for every baby born, then let prudent investment create an income for life.

Yes, everyone should

Can we please replace VISA, Mastercard, AMEX and Discover with Wero, Pix and JCB?

There should be decentralized systems!

Yes, and wall them off from US data collection.

Not. Just. Canada.

Yes.

Tbh the EU should do it (much bigger customer base) and Canada should participate in the development and deployment of that system

How about running something directly on Interac? The big banks wouldn't have too much to do other than allow their customers to move from the bank's Visa/MasterCard to a new and equivalent Interac card, with the same bank.

It's potentially a win-win for them because they don't lose any customers, and get to stop paying the credit card companies (though I guess they have to start paying more into Interac)

They need to get off of US tech. Be that through their own payment cards or joining the EU's, it's their choice.

In 2025, American-owned Visa and Mastercard controlled 96 percent of Canada’s credit card market

many consumers pay with Apple-issued iPhones or use terminals run by American companies, such as Chase, Global Payments, Square, and Stripe.

A system that inconveniences a judge today could, in theory, be turned against a whole country tomorrow. The United Kingdom is reportedly exploring a national alternative to Visa and Mastercard over fears Trump could use United States–owned payment providers to freeze its economy. European officials have warned the continent is dangerously exposed to such coercion.

Canada had a taste of that vulnerability during the 2022 Rogers outage, which affected over 12 million subscribers (including Interac). It was estimated the economic cost to the broader Canadian economy was $142 million. Cloudflare’s global outage in 2025 only lasted about six hours but was estimated to cost Shopify over $4 million (US).

Yes, there is no reason not to, frankly the gov should facilitate it since it's such a brain dead easy thing to copy and run.

Middle men services should just be run by the gov if they're going to exist.

Yes, yes, yes. When I learnt about the Wero I sent emails to the offices of the presidents of the big five and many different credit unions requesting Canada look into it.

No, just use what the EU does. They're bigger, their rules are better, and with more than one member state it's harder to be cut off than with America.

Honestly, it's a big undertaking to get our own snowflake charging system built and tested, and the EU one will be good enough -- especially if we're all working on it together.