Mr. Speaker, I have two petitions to present.
The first is in support of postal banking, because nearly two million Canadians desperately need an alternative to payday lenders due to the crippling lending rates that affect the poor, marginalized, rural and indigenous communities. There are 3,800 Canada Post outlets in existence where there are few or no banking systems and Canada Post already has the infrastructure to make a rapid 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.