Close X
Monday, December 16, 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

    Joe Fresh Cuts Threads With J.C. Penney Stores In The United States

    Joe Fresh Cuts Threads With J.C. Penney Stores In The United States
    TORONTO — Loblaw Companies Ltd. said Thursday it's pulling its Joe Fresh line from J.C. Penney department stores in the United States next year.

    Joe Fresh Cuts Threads With J.C. Penney Stores In The United States

    Mask Painted In Wrestler's Colours Boosts Spirits Of Boy Going Through Radiation

    Mask Painted In Wrestler's Colours Boosts Spirits Of Boy Going Through Radiation
    HALIFAX — Brandon MacKenzie says he feels like a powerful tag-team wrestler when his radiation therapy mask is slipped over his head and tightly latched down to a treatment bed.

    Mask Painted In Wrestler's Colours Boosts Spirits Of Boy Going Through Radiation

    Rachel Notley And Alberta NDP Caucus Hold First Meeting Since Election Win

    Rachel Notley And Alberta NDP Caucus Hold First Meeting Since Election Win
    EDMONTON — Alberta's premier-designate Rachel Notley and the rest of her caucus met up Saturday for the first time since their historic election win.

    Rachel Notley And Alberta NDP Caucus Hold First Meeting Since Election Win

    Little-Known MP Patrick Brown Wins Ontario Progressive Conservative Leadership

    TORONTO — Little-known federal Tory backbencher Patrick Brown upset Ontario's Progressive Conservative establishment Saturday to become the new leader of the province's Opposition party.

    Little-Known MP Patrick Brown Wins Ontario Progressive Conservative Leadership

    Historic Nova Scotia Lighthouse Gets Federal Funding For Restoration Work

    Historic Nova Scotia Lighthouse Gets Federal Funding For Restoration Work
    The Sambro Island lighthouse near the entrance of Halifax harbour will get more than $1.5 million in federal funding over the next two years for renovations.

    Historic Nova Scotia Lighthouse Gets Federal Funding For Restoration Work

    The Birthplace Of 'President Ted Cruz'? Calgary Homeowner Hopes It Never Happens

    The Birthplace Of 'President Ted Cruz'? Calgary Homeowner Hopes It Never Happens
    WASHINGTON — An Alberta homeowner bursts out laughing at the idea that she could be living in a U.S. historical property, in the birth residence of a potential American president.

    The Birthplace Of 'President Ted Cruz'? Calgary Homeowner Hopes It Never Happens