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Finance committee  Yes, when looking at all of the variables.

April 17th, 2007Committee meeting

Andrew Douglas

Finance committee  In some cases, yes, with the main one being the work that Assiniboine Credit Union does in communities like the north end of Winnipeg. I was willing to give up higher interest rates on savings for that return.

April 17th, 2007Committee meeting

Andrew Douglas

Finance committee  That's correct.

April 17th, 2007Committee meeting

Andrew Douglas

Finance committee  In my community?

April 17th, 2007Committee meeting

Andrew Douglas

April 17th, 2007Committee meeting

Andrew Douglas

Finance committee  We feel there is a responsibility on the part of the financial institutions. As a committee here, it's looking at ways to have community reinvestment, and to have that be a formalized process whereby banks and credit unions have a choice to, hopefully, come back to communities an

April 17th, 2007Committee meeting

Andrew Douglas

Finance committee  Yes, thank you. Our goal in setting up this community financial services centre—an answer that was put together in consultation with the community—was to find ways of keeping as much money in the community's pockets as possible. Recognizing that lots of the family members in ou

April 17th, 2007Committee meeting

Andrew Douglas

Finance committee  The recommendation I would like considered would be recognizing the low-income communities, where there were at one time many banks. When those banks left the north end area, they didn't actually leave an ATM, so the customers, who were still Royal Bank or CIBC customers, didn't

April 17th, 2007Committee meeting

Andrew Douglas

Finance committee  Thank you for the opportunity to address this committee on behalf of the Alternative Financial Services Coalition in the north end of Winnipeg. The north end is an inner-city community and one of the poorest in Canada. Although community members face many barriers and challenges

April 17th, 2007Committee meeting

Andrew Douglas