On May 5th, the federal government announced its formal review of Canada Post. This is a welcome move, fulfilling the election promise made by Prime Minister Justin Trudeau to revisit the issue of cuts to door-to-door mail delivery. It’s also heartening to see that this review will examine the full scope of the postal service’s operations. Public Services Minister Judy Foote has indicated “all options” will be looked at, including postal banking. This is a great opportunity to expand a vital public service that connects us all.
Larry Rousseau, Regional Executive Vice President, Public Service Alliance of Canada - Last week, the Canadian Union of Postal Workers (CUPW) publicly launched its campaign to have Canada Post pursue banking services as a future area of business. The proposal to expand Canada Post into financial services is an important opportunity to innovate by providing quality financial services for Canadians while ensuring the crown corporation's financial success over the long term.
Support Postal Banking - Download and Sign the Petition
Canada needs a postal bank. Thousands of rural towns and villages in our country do not have a bank, but many of them have a post office that could provide financial services. As well, nearly two million Canadians desperately need an alternative to payday lenders. A postal bank could be that alternative. Download and sign the petition urging the Government of Canada to instruct Canada Post to add postal banking, with a mandate for financial inclusion.