Mr. Speaker, I have a petition from Londoners in support of postal banking. As we know, nearly two million Canadians desperately need an alternative to payday lenders. These predators are crippling poor, marginalized, rural and indigenous communities with lending rates that are, quite simply, outrageous.
There are 3,800 postal outlets in Canada where there are few or no banks, and Canada Post has the infrastructure to make a rapid transition to include 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.