Mr. Speaker, I have two petitions to present today.
The first is in support of postal banking and is signed by a number of Canadians who are very concerned about the fact that nearly two million Canadians desperately need an alternative to payday lenders because of the crippling lending rates that affect the poor, marginalized, rural and indigenous communities across Canada.
There are 3,800 Canada Post outlets that already exist in rural and remote areas where there are few or no banks, and Canada Post has the infrastructure to rapidly transition to postal banking. Therefore, 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.