Presenting Your Petitions: Support Postal Banking
June 15th, 2018 - 1:59pm
Mr. Speaker, nearly two million Canadians desperately need an alternative to the predators at payday lenders' institutions. They charge crippling fees that affect the poor, marginalized, rural, and indigenous communities the most. We have 3,800 Canada Post outlets that already exist in rural and remote areas, where there are few or no banks. These outlets are perfectly capable of conducting financial transactions. The petitioners ask the Government of Canada to enact my motion, Motion No. 166, which would create a committee to study and propose a plan for postal banking under Canada Post Corporation.