Questioning the Minister: Bank closures are happening,
May 8th, 2018 - 10:17am
Ms. Irene Mathyssen (London—Fanshawe, NDP): Mr. Speaker, on August 24, the Toronto–Dominion Bank plans to close the last remaining bank branch in Old East Village in London leaving pay-day lenders free to prey on residents. My appeal to the minister when TD closed its Hamilton Road branch got a pathetic response.
The government stands by and does nothing when the big banks abandon our communities, but New Democrats and Canadians know the solution is postal banking. Will the government support my Motion No. 166 to study and implement postal banking?
Hon. Carla Qualtrough (Minister of Public Services and Procurement, Lib.): Mr. Speaker, our government was excited to release our vision for Canada Post earlier this year, and we stand behind our commitment to focusing on the core service it provides to Canadians across this country. A parliamentary committee and a second committee has looked at the issue of postal banking, and we have tasked our new leadership at Canada Post to look into innovative and creative ways of providing better services to Canada. I am very excited at the progress that is being made.