Close X
Thursday, November 28, 2024
ADVT 
National

Canadians pay more than $500M in fees a year for paper bills, statements: report

Darpan News Desk Canadian Press, 27 Aug, 2014 10:41 AM
    Canadians are probably paying more than half a billion dollars a year to receive printed bills and bank statements by mail, according to the Public Interest Advocacy Centre.
     
    The consumer research organization polled more than 2,000 Canadians and found about three quarters of the respondents objected to being charged fees for paper copies of their bills.
     
    One in three said they were uncomfortable with making the switch to e-billing or online banking.
     
    While there are no official numbers disclosed by the banking and telecommunications industries stating how much money is being paid annually for paper bills, the non-profit group estimates in a report that the total is between $495 million and $734 million, plus taxes.
     
    And it estimates as much as $102 million in fees are being paid by low-income Canadians and seniors who don't have Internet access at home or don't use computers.
     
    The report calls on the federal government to follow through with its pledge to ban the practice of charging for paper bills.
     
    The telephone survey of 2,005 Canadians was conducted in August and September of last year and is considered accurate within 2.1 percentage points, 19 times out of 20.

    MORE National ARTICLES

    Tough work, real risk: Aid groups seeking health-care workers for Ebola response

    Tough work, real risk: Aid groups seeking health-care workers for Ebola response
    The conditions are gruelling, there may be a pay cut and the personal risks are all too real.

    Tough work, real risk: Aid groups seeking health-care workers for Ebola response

    Tim Hortons, Burger King shares surge, traders anticipate tax friendly merger

    Tim Hortons, Burger King shares surge, traders anticipate tax friendly merger
    A deal between Tim Hortons and Burger King could finally help the coffee and doughnut chain successfully expand into the U.S. market but it shouldn't mean customers will see any changes when they visit either fast-food chain.

    Tim Hortons, Burger King shares surge, traders anticipate tax friendly merger

    Ontario man declared dead in 1986 found alive in U.S., police say

    Ontario man declared dead in 1986 found alive in U.S., police say
    LONDON, Ont. - A man missing for almost 40 years and declared dead by the courts has been confirmed alive by Ontario Provincial Police....

    Ontario man declared dead in 1986 found alive in U.S., police say

    B.C. teachers return to picket lines, ramp up pressure on government

    B.C. teachers return to picket lines, ramp up pressure on government
    Teachers across British Columbia were expected to be on picket lines beginning Monday in an attempt to increase pressure on the provincial government, but their union was saying little about its plans a week before school was scheduled to start.

    B.C. teachers return to picket lines, ramp up pressure on government

    B.C. firefighters get a break as Ontario fire crews step in to help

    B.C. firefighters get a break as Ontario fire crews step in to help
    VANCOUVER - Firefighters in British Columbia will be getting a much-deserved break after crews from Ontario arrived in Prince George to help out in one of the busiest fire seasons in years....

    B.C. firefighters get a break as Ontario fire crews step in to help

    Saskatchewan beats B.C. 20-16 for fifth win in a row

    Saskatchewan beats B.C. 20-16 for fifth win in a row
    Two unheralded Saskatchewan players spoiled the B.C. Lions' guaranteed win night Sunday.

    Saskatchewan beats B.C. 20-16 for fifth win in a row