Close X
Saturday, December 14, 2024
ADVT 
National

Tories To Support NDP Motion To Ban Pay-To-Pay Fees Charged By Big Banks

Darpan News Desk The Canadian Press, 01 Jun, 2015 07:27 PM
    OTTAWA — The Harper government says it will support an NDP motion to abolish banking fees charged to people who receive paper bills.
     
    Finance Minister Joe Oliver says the government is backing the motion to get rid of so-called pay-to-pay fees because people feel they are being nickeled and dimed by the big banks.
     
    Oliver dismisses the suggestion that the Conservatives are following the NDP's lead on the issue, saying the government has already taken steps to lower banking fees.
     
    The government's decision comes after a separate NDP motion to exempt feminine hygiene products from the GST won unanimous approval last week in the House of Commons.
     
    The government subsequently introduced legislation to kill the tax.
     
    Last year, the federal government blocked telecommunication and cable companies from charging fees for paper bills, but banks were excluded from the legislation.
     
    "Yes, we will support the motion because we understand that Canadians do not want to pay additional fees to the banks," Oliver said Monday after question period.
     
    "This is something that is actually consistent with what we have, in fact, been doing. We're not following (the NDP), they're following us."
     
    Andrew Cash, the NDP consumer protection critic, told reporters he hopes the government passes legislation before the Commons rises for the summer.
     
    Asked about that deadline, Oliver said this kind of thing takes time.
     
    Cash, who tabled the motion, said the banks collect about $180 million a year from people who receive their bank statements in the mail.
     
    The fees, he added, target vulnerable communities, including seniors and those who don't have Internet access.
     
    "We think this is unfair," Cash said. "You shouldn't have to pay a fee to pay your bill."

    MORE National ARTICLES

    B.C. Premier Promises Flood-Damaged Community Will Get Help, Funding

    B.C. Premier Promises Flood-Damaged Community Will Get Help, Funding
    Clark toured the Interior community today that received some of the worst damage caused by Saturday's storm, which dropped 26 millimetres of rain in less than an hour.

    B.C. Premier Promises Flood-Damaged Community Will Get Help, Funding

    Surrey's David Jorge Wins Season 2 Masterchef Canada

    Surrey's David Jorge Wins Season 2 Masterchef Canada
    Following a three-course culinary battle that saw the Top 2 home cooks elevate their dishes to a professional level, David was awarded the coveted title of MASTERCHEF CANADA and the $100,000 grand prize

    Surrey's David Jorge Wins Season 2 Masterchef Canada

    Driver Who Hit The Brakes For Squirrel On B.C. Highway Causes Four-Vehicle Crash

    Driver Who Hit The Brakes For Squirrel On B.C. Highway Causes Four-Vehicle Crash
    RCMP say the 53-year-old man's vehicle was rear-ended by a commercial food truck and two pickups on the Island Highway. One vehicle was so damaged it needed to be towed.

    Driver Who Hit The Brakes For Squirrel On B.C. Highway Causes Four-Vehicle Crash

    Simon Fraser University Embraces Bitcoin, Accepts Virtual Currency For Textbooks

    Simon Fraser University Embraces Bitcoin, Accepts Virtual Currency For Textbooks
    BURNABY, B.C. — A British Columbia university is now accepting the digital currency bitcoin at all of its bookstores, a move that staff claim is a first for Canadian post-secondary schools.

    Simon Fraser University Embraces Bitcoin, Accepts Virtual Currency For Textbooks

    North Vancouver First Nation Says Pipeline Expansion Could Increase Oil Spills

    VANCOUVER — The Tsleil-Waututh Nation in North Vancouver has released what it is calling an independent analysis of Kinder Morgan's proposed Trans Mountain pipeline expansion.

    North Vancouver First Nation Says Pipeline Expansion Could Increase Oil Spills

    From Ding-dongs To Cucumbers, B.C. Marks Decade Of Fruit And Veggies In Schools

    From Ding-dongs To Cucumbers, B.C. Marks Decade Of Fruit And Veggies In Schools
    VICTORIA — British Columbia's health minister chomps on a crunchy cucumber as he hands out fresh peppers and tomatoes to Grade 5 students who eagerly accept the healthy snacks.

    From Ding-dongs To Cucumbers, B.C. Marks Decade Of Fruit And Veggies In Schools