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Minister of Justice Attorney General of Canada

Hon. Arif Virani

  • Member of Parliament
  • Minister of Justice Attorney General of Canada
  • Liberal
  • Parkdale—High Park
  • Ontario
  • Voting Attendance: 64%
  • Expenses Last Quarter: $120,537.19

  • Government Page
Context: House Hansard - 210 - Jun/9/23
Mr. Arif Virani (Parliamentary Secretary to the Minister of International Trade, Export Promotion, Small Business and Economic Development, Lib.)
  • Jun/9/23 11:56:15 a.m.
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Mr. Speaker, what needs to be pointed out with respect to the question asked by the member opposite is that SMEs could apply for a maximum of $60,000. Repayment of two-thirds of the loan by the deadline results in loan forgiveness of one-third. We are always here to listen to SMEs' concerns. That is why, as I mentioned, we have just cut credit card transaction fees for SMEs here in Canada.
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Context: House Hansard - 128 - Nov/16/22
Mr. Arif Virani (Parliamentary Secretary to the Minister of International Trade, Export Promotion, Small Business and Economic Development, Lib.)
  • Nov/16/22 2:40:30 p.m.
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Mr. Speaker, I thank the member for his question. What we have heard from business groups in Canada, including the Canadian Federation of Independent Business, is that we have to support our small and medium-sized businesses. In the fall economic statement, we announced plans to work on the credit card system to support small and medium-sized businesses by lowering credit card transaction fees charged by big institutions and big banks. If we cannot negotiate a solution to this situation, we will introduce legislation. That is how we are supporting small and medium-sized businesses here in Canada.
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