Bill M166, proposed by Irene Mathyssen, calls for a committee to be made to study and propose a plan for postal banking under the Canada Post Corporation in order for citizens to have the option to go to a regulated payday lender without immense fees.
M-166 Private Members Bill has been delayed in the House as a result of changes in the Private Members Business Calendar, the second hour of debate on M166 has been moved to Monday June 18 at 5:30 p.m.
There has been wonderful support in the form of petitions and post cards sent in from the campaign and having extra time to garner support should be a plus. At this point, we are expecting the vote to take place in the days following June 18. Copies of the petition are available at http://irenemathyssen.ndp.ca/postal-banking-petition