IN THE HOUSE ~ Presenting petitions - in support of fair remittance rates for bank transfers

    Mr. Peter Julian (Burnaby—New Westminster, NDP): Mr. Speaker, I am pleased to present petitions signed by dozens of residents of Eastern Ontario and the Ottawa region. They are concerned about the overcharging on remittance fees. Many banks are charging up to 25% on remittance fees that are being sent by new Canadian families to their loved ones and family members overseas. This is an overcharging that hurts lower income Canadians, particularly new Canadians. The petitioners call upon the Government of Canada to introduce legislation that would put into place caps on the types of remittance penalties and remittance fees that are presently being paid by new Canadians and lower income Canadians.

    I would like to thank the volunteers from ACORN Canada for their work in getting involved, talking to people about this issue and making sure that Canadians can have their voices heard on the floor of the House of Commons.

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