Close X
Tuesday, November 26, 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

    Ex-Tory staffer Michael Sona guilty of election fraud in robocalls case

    Ex-Tory staffer Michael Sona guilty of election fraud in robocalls case
    Former Conservative party staffer Michael Sona has been convicted of trying to prevent voters from casting ballots during the 2011 federal election.

    Ex-Tory staffer Michael Sona guilty of election fraud in robocalls case

    Leaders of polygamous sect in B.C. charged five years after failed prosecutions

     Two leaders of an isolated religious commune in British Columbia have been charged for the second time with practising polygamy, more than two decades after...

    Leaders of polygamous sect in B.C. charged five years after failed prosecutions

    B.C. First Nation plans to evict company behind mine tailings spill

    B.C. First Nation plans to evict company behind mine tailings spill
    A British Columbia First Nation plans to issue an eviction notice to Imperial Metals Corp. (TSX:III) — the company behind a massive tailings pond...

    B.C. First Nation plans to evict company behind mine tailings spill

    Tekmira in talks about using experimental Ebola drug in infected patients

    Tekmira in talks about using experimental Ebola drug in infected patients
    Tekmira Pharmaceuticals Corp. (TSX:TKM) is in discussions about making its experimental Ebola drug available to infected patients, but says there is no...

    Tekmira in talks about using experimental Ebola drug in infected patients

    Supreme Court of Canada won't hear appeal from Ontario raw milk farmer

    Supreme Court of Canada won't hear appeal from Ontario raw milk farmer
    The Supreme Court of Canada will not hear an appeal from an Ontario farmer who has long championed the right to sell and drink unpasteurized milk....

    Supreme Court of Canada won't hear appeal from Ontario raw milk farmer

    Vancouver's B2Gold reports Q2 net loss on increased gold production

    Vancouver's B2Gold reports Q2 net loss on increased gold production
    B2Gold Corp. says it's expecting another solid year for gold production while reporting about a four per cent increase in its second quarter....

    Vancouver's B2Gold reports Q2 net loss on increased gold production