Mr. Speaker, I have a petition from Canadians who support postal banking.
As the House knows, nearly two million Canadians desperately need an alternative to payday lenders, whose crippling lending rates affect the poor, marginalized, rural and indigenous communities the most. We have 3,800 Canada Post outlets that already exist in rural Canada, where there are few or no banks at all. Canada Post has the infrastructure to make a rapid transition to include postal banking.
The petitioners are calling on Parliament to enact my Motion No. 166 to create a committee to study and then propose a plan to have postal banking under the Canada Post Corporation in Canada.