Close X
Saturday, September 21, 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

    Total Policing Expenses Pegged At $9 Million For Moncton RCMP Shootings

    MONCTON, N.B. — The cost of additional policing in the aftermath of last June's murder of three RCMP officers has been estimated at $9 million.

    Total Policing Expenses Pegged At $9 Million For Moncton RCMP Shootings

    Former B.C. Auditor Basia Ruta Petitions Court Saying She Was Illegally Fired

    VANCOUVER — British Columbia's former auditor general for local government, who was fired amid accusations she was obstructing a review of her office, is fighting her dismissal in court.

    Former B.C. Auditor Basia Ruta Petitions Court Saying She Was Illegally Fired

    Shell Exploration Plans In Alaska Stoking Concern, Hope In Canada

    Shell Exploration Plans In Alaska Stoking Concern, Hope In Canada
    CALGARY — Royal Dutch Shell's plans to explore for oil off Alaska's northwestern coast are being closely watched in Canada with a mixture of hope and concern.

    Shell Exploration Plans In Alaska Stoking Concern, Hope In Canada

    B.C. First Nation Says No To $1.15-Billion Deal, Says It's 'Not A Money Issue'

    B.C. First Nation Says No To $1.15-Billion Deal, Says It's 'Not A Money Issue'
    PORT SIMPSON, B.C. — Members of a First Nation in northwestern British Columbia have rejected a $1.15-billion deal that would have paved the way for a liquefied natural gas terminal to be built in their traditional territory.

    B.C. First Nation Says No To $1.15-Billion Deal, Says It's 'Not A Money Issue'

    An issue of Tax, Transit or Trust?

    An issue of Tax, Transit or Trust?
    Understanding the 2015 Metro Vancouver Transportation and Transit Plebiscite.

    An issue of Tax, Transit or Trust?

    Whistler Blackcomb To Offer Grouse Grind Inspired ,Timed, High-Tech Hiking Trails

    Whistler Blackcomb To Offer Grouse Grind Inspired ,Timed, High-Tech Hiking Trails
    WHISTLER, B.C. — Whistler Blackcomb says it will use RFID technology to create timed hiking trails for fitness buffs this summer.

    Whistler Blackcomb To Offer Grouse Grind Inspired ,Timed, High-Tech Hiking Trails