Having banking services in post offices is something that has proven successful around the world.
There are international examples of successful postal banking initiatives including in Switzerland, France, New Zealand and Italy.
A proposal from the NDP that would see a special committee to look at postal banking is receiving strong support from stakeholders.
Postal banking is a sustainable solution that would offer services to Canadians across the country like accessible banking where no service is currently available and to those who cannot afford or choose not to use corporate banks.
Postal banking is sustainable, profitable and equitable, and can provide service where the big banks have abandoned people.
The support for postal banking in Canada is widespread with small communities, poverty organizations and unions all showing strong support.
Thousands of Canadians in regions like ours don’t have access to banking service. Postal banking would allow for local service, and support economic development in these regions.
It is time to build on our postal service and establish post office banking in Canada.
