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

    How Old Are Those Fish? Creationist Finds Fossils While Digging Calgary Basement

    How Old Are Those Fish? Creationist Finds Fossils While Digging Calgary Basement
    CALGARY — Edgar Nernberg sees the irony of believing the Earth is roughly 6,000 years old, while being the one to discover rare fossils of fish that scientists estimate lived 60 million years ago.

    How Old Are Those Fish? Creationist Finds Fossils While Digging Calgary Basement

    Calgary's Worst Mass Murder Accused Matthew de Grood To Go To Trial Next May

    Calgary's Worst Mass Murder Accused Matthew de Grood To Go To Trial Next May
    Matthew de Grood was charged with first-degree murder after an attack at an end-of-school house party in April 2014 in which five young people were stabbed to death.

    Calgary's Worst Mass Murder Accused Matthew de Grood To Go To Trial Next May

    Parliament Hill Gunman Michael Zehaf Bibeau Urges Others To Similar Attacks In Missing Video Segment

    Parliament Hill Gunman Michael Zehaf Bibeau Urges Others To Similar Attacks In Missing Video Segment
    As calmly as Michael Zehaf Bibeau laid out the reasons for his fateful attack on Parliament Hill last October, he exhorted others to carry out similar attacks, say sources familiar with the unreleased portion of his final video manifesto.

    Parliament Hill Gunman Michael Zehaf Bibeau Urges Others To Similar Attacks In Missing Video Segment

    A Quick Look At What Increased Canada Pension Plan Contributions Could Look Like

    A Quick Look At What Increased Canada Pension Plan Contributions Could Look Like
    OTTAWA — The debate over retirement and the role of the Canada Pension Plan is in full swing on Parliament Hill. Here's a quick look at what the possibilities could mean for you:

    A Quick Look At What Increased Canada Pension Plan Contributions Could Look Like

    Former Ontario Deputy Minister Benjamin Levin Sentenced To Three Years For Child Porn

    Former Ontario Deputy Minister Benjamin Levin Sentenced To Three Years For Child Porn
    TORONTO — A former Ontario deputy education minister who pleaded guilty to three child pornography-related charges was sentenced Friday to three years in prison.

    Former Ontario Deputy Minister Benjamin Levin Sentenced To Three Years For Child Porn

    Peacock Escapes From High Park Zoo, On The Loose In Toronto's West End

    Peacock Escapes From High Park Zoo, On The Loose In Toronto's West End
    TORONTO — A peacock has flown the coop and is on the loose in Toronto, flying from rooftop to rooftop. The bird escaped High Park Zoo some time in the last day or two, according to Toronto Animal Services.

    Peacock Escapes From High Park Zoo, On The Loose In Toronto's West End