Evidence of meeting #31 for Government Operations and Estimates in the 42nd Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was post.
3:55 p.m.
Councillor, City of Hamilton
Through you, Mr. Chair, certainly. I'm always open for continued conversations, consultations, and public input into this process. I think that the members would find it enlightening if they went to the public to ask this question.
3:55 p.m.
Liberal
Yasmin Ratansi Liberal Don Valley East, ON
I have another question, and that was about the thought process. Everybody was saying... One of the professors said that when Canada Post came up with a solution, its five-point plan, it did not have imagination. It's like somebody going into receivership and saying they'll privatize.
The task force, with due respect, had a limited mandate. Our mandate is to say that if we want to make it imaginative, and if it has to go through its fourth revolution, and if postal banking poses a solution for you... For somebody who has done receiverships of a bank, it poses a lot of questions for me as to where will we manage the whole thing. There have been 489 banks that have closed in your area. Why? Why did they close?
Am I finished?
4 p.m.
Conservative
The Chair Conservative Tom Lukiwski
Yes, you most certainly are, with all due respect.
Mr. Green, I'll ask you and others, perhaps to assist Madam Ratansi here, that should you have any additional information to provide to the committee that you think would be of benefit to the committee members in our deliberations, to please do so by submitting it directly to the clerk.
Mr. Green, personally I found your testimony to be extremely interesting, I'll stop short of saying fascinating, but interesting. An example of one thing that you may want to submit to the clerk is, in exactly what form of banking would these services be? For example, would it be a full-service bank, complete with investment opportunities, mortgage lending, and commercial lending, or would it be a more streamlined version of the banks? Those are the types of answers or suggestions that we would certainly entertain.
I would encourage all of you, if you have other ideas or suggestions in your particular area of how you see the future of Canada Post evolving, to please submit them to our clerk. We would appreciate it greatly.
Thank you all. Your testimony has been wonderful. We have appreciated it. Thank you for taking the time to come out this afternoon and speak with us.
We are adjourned.