Mr. Speaker, I have two petitions today. The first is a petition in support of postal banking because nearly two million Canadian desperately need an alternative to payday lenders because of the crippling lending rates that affect poor, marginalized, rural and indigenous communities. We have 3,800 Canada Post outlets already in existence in these rural areas, where there are few or no banks and credit unions. Moreover, Canada Post has infrastructure that could make a rapid transition to include postal banking.
The petitioners call upon the Government of Canada to enact my motion, Motion No. 166, to create a committee to study and propose a plan for postal banking under the Canada Post Corporation.