The Canadian Independent Petroleum Marketing Association (CIPMA) applauds the significant announcement this morning by Canada’s Competition Bureau.

The Bureau has filed an application with the Competition Tribunal to strike down restrictive and anti-competitive rules imposed on merchants who accept Visa and MasterCard credit cards.

The Bureau argues that anti-competitive restraints on merchants increase consumer prices. Canada has some of the highest merchant acceptance fees in the world.

CIPMA has taken an active role with the Competition Bureau in bringing evidence of anti-competitive behavior forward. CIPMA has been working with other retail trade associations to bring the issue of increasing and unfair credit card merchant fees to the attention of Ottawa policy makers.

Independent fuel marketers and independently operated gasoline stations are particularly vulnerable to increasing credit card fees due to the high variability in fuel prices.

Independent fuel marketers’ profits drop when gas prices rise- because of higher credit card costs.

For further information,

Jane Savage

Industry-leading networking events

Each year, we offer the entire fuel marketing industry two opportunities to find out what’s new, what’s coming, what CIPMA is doing about it, and how best to prepare for regulatory changes.

CIPMA is the proud host of the Canadian Fuel Marketing Conference. The next conference will be in Toronto April 10-12, 2017.  The CIPMA Golf Challenge is held in September.  Both are all-industry events open to members and non-members alike and offer marketers, suppliers and other stakeholders the chance to network.

The President and the Board of Directors hold an annual Eastern and Western Member’s education and networking reception and dinner. Invitations are sent to  CIPMA members and industry friends alike for a smaller scale networking event with more focus on the region.