Mr. Speaker, I am pleased to represent the most diverse part of all of Canada. I would like to present a petition today that has been signed by many residents of Burnaby—New Westminster, as well as other communities in the Lower Mainland with diverse origins, on the issue of remittances.
I would like to underscore the work of ACORN Canada in this regard . As the House may know, for many Canadians and new Canadian families, the remittance cost can be up to 25% of what they send overseas to their country of origin and to their families and friends in that country.
Today I am tabling a petition signed by many of my constituents, who are calling on the Government of Canada to take action and to cap remittance fees to only 5% of the overall remittance that is sent abroad. This is a way of ensuring that new Canadians and new Canadian families in ridings like mine can send remittances overseas without being gouged and charged unfairly.