Mr. Speaker, I present a petition to the House of Commons signed by many Canadians who are concerned that nearly two million Canadians desperately need an alternative to payday lenders because of the crippling rates of interest that are charged to poor, marginalized, rural and indigenous communities.
We have 3,800 Canada Post outlets already in existence in these rural areas where there is often no bank. Canada Post has the infrastructure and can make a rapid transition to include postal banking. Therefore, the petitioners call upon the Government of Canada to enact my Motion No. 166, to create a committee to study and propose a plan for postal banking under the Canada Post Corporation.