Close X
Sunday, December 15, 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

    Man Sues B.C. Rodeo Company, Says Bull Called Slow Poke Was Violent Despite Name

    Man Sues B.C. Rodeo Company, Says Bull Called Slow Poke Was Violent Despite Name
    KAMLOOPS, B.C. — A novice rider is suing a rodeo company in Vernon, B.C., over a bull named Slow Poke that he alleges failed to live up to its name and caused him serious injury.

    Man Sues B.C. Rodeo Company, Says Bull Called Slow Poke Was Violent Despite Name

    Long-Term Offender Robert Semchuk To Live In B.C. Halfway House Under Seven Strict Conditions

    Long-Term Offender Robert Semchuk To Live In B.C. Halfway House Under Seven Strict Conditions
    KAMLOOPS, B.C. — A designated long-term offender who stabbed a 60-year-old woman outside a Kamloops, B.C., hospital has been ordered to live in a halfway house for the foreseeable future.

    Long-Term Offender Robert Semchuk To Live In B.C. Halfway House Under Seven Strict Conditions

    Woman Travels Back Home To Ireland From Canada To Campaign For Same-Sex Marriage

    Woman Travels Back Home To Ireland From Canada To Campaign For Same-Sex Marriage
    The 25-year-old began forming her plans as soon as she heard that her home country of Ireland was preparing to hold a constitutional referendum on the status of same-sex marriage.

    Woman Travels Back Home To Ireland From Canada To Campaign For Same-Sex Marriage

    Air Canada About To Start Checking To Ensure Carry-On Bags Meet Regulations

    Air Canada About To Start Checking To Ensure Carry-On Bags Meet Regulations
    Starting next Monday at Toronto's Pearson International Airport, airline staff will be stationed at both check-in and security checkpoints to ensure carry-on bags meet size and weight requirements.

    Air Canada About To Start Checking To Ensure Carry-On Bags Meet Regulations

    Ottawa-Based Shopify Shares Soar In First Trading After Initial Public Offering

    Ottawa-Based Shopify Shares Soar In First Trading After Initial Public Offering
    The Ottawa-based e-commerce company's IPO at US$17 per share raised $131 million, more than the company expected.

    Ottawa-Based Shopify Shares Soar In First Trading After Initial Public Offering

    CPP Investment Board Says 2014-15 Had Best Return In Fund's History

    CPP Investment Board Says 2014-15 Had Best Return In Fund's History
    The CPP Fund's portfolio had a net return of 18.3 per cent in the 12 months ended March 31, the highest one-year return since it started 16 years ago.

    CPP Investment Board Says 2014-15 Had Best Return In Fund's History